Nate Newman Of Newman Commercial Real Estate Acquires Grogan’s Forest Center In The Woodlands
25114 Grogans Mill Road
Building Size
7,100 SF
Asset Type
Retail
Closing
Apr 20, 2026
AI
Newman Commercial Real Estate acquired Grogan’s Forest Center, a neighborhood retail center located at 25114 Grogans Mill Road in The Woodlands, Texas. The retail asset spans 7,100 square feet and is engaged in leasing agreements with tenants such as Komeya Sushi & Ramen, Great Clips, Prime Dental Care USA, and Feng Cha, catering to the Grogan’s Mill community within a mixed-use development.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 25114 Grogans Mill Road
- Market: The Woodlands
- Square Footage: 7,100
- Buyer: Nate Newman
- Buyer Agency: Newman Commercial Real Estate
Nate Newman represents Newman Commercial Real Estate in this transaction, demonstrating the company's commitment to expanding its portfolio in strategic locations like The Woodlands, Texas.
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