Updated Sep 10, 2026
Naweed Tahmas Of Aeon Industrial Expands Cedar Park Headquarters To 138,000 Square Feet
2305 Scottsdale Drive
Building Size
138,000 SF
Asset Type
Industrial
Closing
Sep 10, 2026
About this deal
AI
The asset involved in this transaction is an industrial property located at 2305 Scottsdale Drive, situated in Cedar Park, TX. The industrial space encompasses 138,000 square feet. The recent lease agreement allows for the growth of operations in this location.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Disclosed
- Square Footage: 138,000
- Address: 2305 Scottsdale Drive
- Market: Cedar Park, TX
- Tenant: Naweed Tahmas - Aeon Industrial
Naweed Tahmas represents the tenant, Aeon Industrial, which is expanding its headquarters in Cedar Park. The company received $2 million in city incentives to facilitate the move from Austin, with plans to create at least 135 new jobs by 2030 in the Cedar Tech I development.
On the Map
Industrial
View full map
Players
Scottsdale Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse Texas industrial leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93