About 19620 Fm 1485 Road
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.
Features of 19620 Fm 1485 Road
MLS® # | 20787291 |
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Price | $1,061,537 |
Bathrooms | 0.00 |
Acres | 0.88 |
Year Built | 2005 |
Type | Commercial Sale |
Sub-Type | Retail |
Status | Active |
Community Information
Address | 19620 Fm 1485 Road |
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Subdivision | Parkway |
City | New Caney |
County | Montgomery |
State | TX |
Zip Code | 77357-7304 |
Amenities
Utilities | City Sewer, City Water, Electricity Available |
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Garages | Asphalt |
Is Waterfront | No |
Pool On Property | No |
Interior
Heating | Central |
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Fireplace | No |
# of Stories | 1 |
Stories | 1 |
Exterior
Roof | Flat |
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Construction | Brick |
Foundation | Slab |
Additional Information
Flooring | Concrete |
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Building Sqft | 9,146 |
# Units | 1 |
Building Use | Retail |
Commercial Features | Retail |
Zoning | 0000 |
Listing Details
Agent | Jennifer Tran |
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Office | Avignon Realty |
Contact Info | 512-771-7637 |