19620 FM 1485 ROAD, NEW CANEY, TX 77357

Homes for sale in New Caney.

Homes for sale in 77357.


19620 Fm 1485 Road

New Caney, TX 77357

Status of the property has changed, please contact for details

List Price$1,061,537

Listing Image Listing Image Listing Image Listing Image

Listing #20787291

9,146

Square Feet

1

Number of Units

Commercial

Type

About This Property

Presenting a strong, income-producing Dollar General investment located at 19620 FM 1485, New Caney, TX. This 9,146 SF freestanding retail property sits on a 0.88-acre lot and has been successfully operating since 2017. Backed by a corporate-guaranteed lease with Dollar General, one of the nation's leading discount retailers, this property offers investors long-term stability with a 7.15% cap rate. Strategically positioned in a growing Houston MSA submarket, this asset benefits from steady traffic, strong local demographics, and continued expansion in the New Caney area. With more than 5 years of remaining lease term and a reliable tenant, this property offers both immediate cash flow and long-term security. ? Corporate Guarantee -- Backed by Dollar General Corporation, a Fortune 500 retailer with over 20,000 stores nationwide. ? Attractive Cap Rate (7.15%) -- Provides above-average returns compared to similar net lease assets. ? Long-Term Stability -- Over 5 years of remaining lease term, with proven operating history since 2017. ? Prime Location -- Positioned on FM 1485 in New Caney, part of the fast-growing Houston MSA, with strong surrounding residential growth and demand drivers. ? Passive Management -- NN lease structure with limited landlord responsibilities. ? Recession-Resistant Tenant -- Dollar General continues to outperform in all market cycles, offering investors security in uncertain times. Whether you are a first-time net lease investor or seeking to expand your portfolio with a recession-resistant tenant, this Dollar General represents an exceptional opportunity in today's market.

Property Features

Location Information

County

Montgomery

Subdivision

Parkway

Interior Features

Has Fireplace

No

Floors

Concrete

Heating

Central

Tenant Pays

All Utilities

Cooling

Other

Total Number of Units

1

Exterior Features

Construction

Brick

Lot Size in Acres

0.876

Foundation

Slab

Lot Size in Sq. Ft.

38,158

Roof

Flat

Possible Best Use

Retail

Water / Sewer

Electricity Available, Sewer Available, Water Available

Zoning

0000

Utilities

Electricity Available, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

9,146

Parking Description

Asphalt

Is One Story

No

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Tax Annual Amount

35086.0

Property SubType

Retail

Lot Acres Source

Appraiser

Year Built

2005

Similar Listings

Mortgage Calculator

$4,956

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,825

Monthly Tax

$884

Monthly Insurance

$247

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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