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1021 Sawdust Road

Updated Sep 1, 2026

Bilt advertisement
Door Capital Partners Acquires The Shoppes At Sawdust Retail Center For $3.5M In The Woodlands
SOLDRetail

Door Capital Partners Acquires The Shoppes At Sawdust Retail Center For $3.5M In The Woodlands

1021 Sawdust Road

Building Size

13,500 SF

Asset Type

Retail

Closing

Jul 27, 2026

About this deal

AI

The transaction involved a retail asset identified as The Shoppes at Sawdust, which encompasses 13,500 square feet. It is situated at 1021 Sawdust Road, located in The Woodlands, Texas, and is fully leased. The property is anchored by Walmart.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 1021 Sawdust Road
  • Market: The Woodlands, TX
  • Buyer: Door Capital Partners
  • Seller: Sawdust Retail LP
  • Brokers: Stephen J. Pheigaru & Chris Reul - Palo Duro Commercial Partners

Stephen J. Pheigaru and Chris Reul represented Sawdust Retail LP in this transaction, facilitating the acquisition between the buyer and seller. The deal highlights the involvement of Palo Duro Commercial Partners in the representation of the seller in the sale of the Walmart-shadow-anchored property.

Players

Stephen J. Pheigaru

Palo Duro Commercial Partners

Broker

2 deals

Broker
Door Capital Partners
Door Capital PartnersBuyer

Spring Retail Market Snapshot

Boundary boundary · Retail · 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

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