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295 Sawdust Rd
The Woodlands, TX 77380 Grogan's Mill

$4,999,000 USD

Department Store For Sale  •  49,716 SF

Property Details

  • Property Type Department Store
  • Total Building Size 49,716 SF
  • Lot Size 4.01 AC
  • Building Class C
  • Year Built 1983
  • Cap Rate 7.17 %
  • Tenancy Multiple
  • Zoning C6
50 Walk Score

Highlights

Nearly 200,000 residents within 5 miles, projected to reach nearly 225,000 by 2029
Virtually adjacent to Interstate 45, with convenient access to the Grand Parkway (Texas State Highway 99)
Two-tenant retail space totaling 49,716 SF

Property Flyers

Financial Summary (Actual)

Net Operating Income: $358,474 USD (2025)
Cap Rate: 7.17 %
Total Expenses: $141,934 USD

Major Tenants

Tenant SF Occupied Lease End Date
Era Pickle Ball 47,512 SF 4/30/2030
Good City Coffee Co 2,204 SF 4/30/2030

Amenities

  • 24 Hour Access
  • Atrium
  • Conferencing Facility
  • Freeway Visibility
  • Mezzanine
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Balcony
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
George Bush Intcntl/Houston 23 min - 18.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 746
Type: Surface
Included in Rent: Yes
Kevin Barr 281-843-3424 Mohr Partners, Inc
Kevin Barr 281-843-3424 Mohr Partners, Inc