REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,061,537
Est. payment /mo
Active
19620 Fm 1485 Road New Caney, TX 77357
0.88 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Parkway
MLS Listing ID 20787291
Total Fin. Sqft 9146
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.
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
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Electricity Available
Roof Type Flat
Garage No
Building
Foundation Slab
Structure Type Brick
Others
Ownership YUTAKA DG LLC
©2025 North Texas Real Estate Information Systems.
Listed by Jennifer Tran • Avignon Realty
GET MORE INFORMATION
QUICK SEARCH