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
List Price$1,061,537
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.
Schools
Walk Score
Real Estate IDX Powered by iHomefinder
