19620 Fm 1485 Road, New Caney, TX

$1,061,537

Previous Next

0.88

Acres

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
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
Subdivision Parkway
City New Caney
County Montgomery
State TX
Zip Code 77357-7304

Amenities

Utilities City Sewer, City Water, Electricity Available
Garages Asphalt
Is Waterfront No
Pool On Property No

Interior

Heating Central
Fireplace No
# of Stories 1
Stories 1

Exterior

Roof Flat
Construction Brick
Foundation Slab

Additional Information

Flooring Concrete
Building Sqft 9,146
# Units 1
Building Use Retail
Commercial Features Retail
Zoning 0000

Listing Details

AgentJennifer Tran
OfficeAvignon Realty
Contact Info512-771-7637

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?