facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Sale

/

1615 Scottsdale Drive

Bennett Klepper Of Klepper Industrial Purchases 30,000 Sq Ft Industrial Building In Cedar Park
SOLDIndustrial

Bennett Klepper Of Klepper Industrial Purchases 30,000 Sq Ft Industrial Building In Cedar Park

1615 Scottsdale Drive

Building Size

30,000 SF

Asset Type

Industrial

Closing

Dec 24, 2025

AI

The property involved in this transaction is a vacant industrial building with a square footage of 30,000, located at 1615 Scottsdale Drive in Cedar Park. The asset is situated on a 3.9-acre lot and was built in 2018. It benefits from its location along the high-traffic Highway 183A.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 1615 Scottsdale Drive
  • Market: Cedar Park
  • Buyer: Bennett Klepper - Klepper Industrial
  • Seller: John Hagefstration & Gardner Lee - Growth Capital Partners; BCA Industrial Partners LLC
  • Buyer's Representative: Stan Nowak - Partners Real Estate
  • Seller's Representative: Witt Westbrook - JLL

This transaction was facilitated by Witt Westbrook of JLL, who represented the sellers, John Hagefstration and Gardner Lee. Stan Nowak of Partners Real Estate represented Bennett Klepper in the acquisition of the property.

Players

Stan Nowak

Partners Real Estate

Broker

$19.8M

vol

8 deals

Broker
KI
Klepper IndustrialBuyer

Leander Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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