TX > New Caney > Parkway
New Caney, TX 77357,19620 Fm 1485 RD
New Caney, TX 77357,19620 Fm 1485 RD
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$1,061,537
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9,146 SqFt
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19620 Fm 1485 RD New Caney, TX 77357

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Barrett Haines

Barrett Haines

+1(254) 206-2529

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Key Details

Property Type Commercial Sale

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 9,146 sqft

Price per Sqft $116

Subdivision Parkway

MLS Listing ID 20787291

HOA Y/N No

Year Built 2005

Annual Tax Amount $35,086

Lot Size 0.876 Acres

Acres 0.876

Property Sub-Type Retail

Property Description

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.

Location

State TX

County Montgomery

Direction Look on GPS

Interior

Heating Central

Cooling Other

Flooring Concrete

Inclusions Building Only, Land & Improvements

Fireplace No

Exterior

Parking Features Asphalt

Utilities Available Electricity Available, Sewer Available, Water Available

Water Access Desc Public

Roof Type Flat

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Others

Tax ID 77470001412

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Barrett Haines

Barrett Haines

Agent

+1(254) 206-2529

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