Door Capital Partners Purchases Retail Property At 1023 Sawdust Road In The Woodlands For $13.5M
1023 Sawdust Road
Building Size
13,500 SF
Asset Type
Retail
Closing
Jul 21, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 1023 Sawdust Road in The Woodlands. The asset encompasses a total square footage of 13,500.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1023 Sawdust Road
- Market: The Woodlands
- Square Footage: 13,500
- Buyer: Door Capital Partners
- Brokers: Stephen J. Pheigaru & Chris Reul - Palo Duro Commercial Partners
The deal was facilitated by brokers Stephen J. Pheigaru and Chris Reul, who represent Palo Duro Commercial Partners in this transaction. Their involvement was crucial in bringing together the buyer, Door Capital Partners, and the retail asset located at 1023 Sawdust Road.
On the Map
Retail
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Players
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