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12755 South Kirkwood Road

KC Alexander Of Chemplast Acquires 119866 SF Industrial Building In Stafford Texas
SOLDIndustrial

KC Alexander Of Chemplast Acquires 119866 SF Industrial Building In Stafford Texas

12755 South Kirkwood Road

Building Size

119,866 SF

Asset Type

Industrial

Closing

Jan 30, 2025

AI

Chemplast acquired a 119,866-SF industrial building located at 12755 South Kirkwood Road in Stafford, Texas, as part of its expansion strategy. The property encompasses approximately 6.83 acres.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 12755 South Kirkwood Road
  • Market: Stafford
  • Square Footage: 119,866 SF
  • Acres: 6.83
  • Buyer: KC Alexander
  • Company: Chemplast
  • Broker Representatives: Barkley Peschel and Jason Scholtz
  • Agency: Colliers

Colliers’ Barkley Peschel and Jason Scholtz represented Chemplast in this off-market transaction, facilitating the acquisition of the property to aid in the company’s growth strategy.

Players

Barkley Peschel

Colliers

Broker

12 deals

Broker

Stafford Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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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