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- LoopNet Team
513 Sawdust Rd
The Woodlands, TX 77380
513 Sawdust · Retail Property For Sale
Investment Highlights
- 2019 Redevelopment | 100% Occupied | NNN Leases
- Excellent Demographics | Average Household Income Exceeds $100,000 in a 1, 3 & 5-Mile Radius
- Major Retailers Surrounding the Property Include Walmart, HEB, Hobby Lobby & Walgreens
- Located on Major Thoroughfare in The Woodlands, Texas | Over 43,500 VPD on Sawdust Road
- Just West of Interstate 45 | Only 2 Miles from Springwoods Village & the New ExxonMobil Campus
PROPERTY FACTS
Amenities
- Pylon Sign
About 513 Sawdust Rd , The Woodlands, TX 77380
Marcus & Millichap is pleased to offer 513 Sawdust (“Property”) for your consideration. 100% occupied and consisting of two tenants, the Property was redeveloped in 2019 and benefits from its high-traffic location in The Woodlands, Texas. Both Tune Up and TitleMax have NNN leases with structured rent increases in their primary terms providing built-in upside and minimal landlord responsibility. 513 Sawdust fronts on Sawdust Road, a major thoroughfare connecting to Interstate 45 just to the east of the Property and the high demographic neighborhoods of The Woodlands to the north and west of the Property. Traffic counts in this area exceed 43,500 vehicles per day providing an excellent branding opportunity for the Property’s tenants, as well as outstanding convenience for their customers. This excellent location has attracted a Who’s Who of major national and regional retailers including Walmart, HEB, Hobby Lobby, Walgreens, and Chick-Fil-A, among many others. Approximately two miles from 513 Sawdust is Springwoods Village, a new 2,000 acre master planned community that contains the new ExxonMobil Campus as well as corporate campuses for HP Inc., Southwestern Energy, and the American Bureau of Shipping among others. Offered for $1,551,000, this asset offers an investor a strategically-located, stabilized property in one of the primary retail corridors between The Woodlands and Springwoods Village.
PROPERTY TAXES
Parcel Number | 0599-01-02910 | Improvements Assessment | $255,408 |
Land Assessment | $113,690 | Total Assessment | $369,098 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 17304495
Date on Market: 9/26/2019
Last Updated:
Address: 513 Sawdust Rd, The Woodlands, TX 77380
The Retail Property at 513 Sawdust Rd, The Woodlands, TX 77380 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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