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19620 Fm 1485 Road

New Caney, TX 77357
  • $1,061,537
  • STATUS: Active
  • ON SITE: 337 Days
  • MLS #: 20787291
UPDATED: 127 min ago
$1,061,537
  • 0
    BEDS
  • 0.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2005
County:
Area:

School Ratings & Info

Offered by Jennifer Tran of Avignon Realty: 512-771-7637.

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 nations 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 todays market.

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© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Summit Cove Realty, Inc.. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Summit Cove Realty, Inc. are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-11-08T23:42:08.483.
www.summitcoverealty.com/homes/158534611
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19620 Fm 1485 Road New Caney, TX 77357

  • Price: $1,061,537
  • Status: Active
  • On Site: 337 Days
  • Updated: 127 min ago
  • MLS #: 20787291
0
Beds
0
Baths
0
½ Baths
0.88
Acres
2005
Built
Neighborhood:
Parkway
County:
Montgomery
Area:
New Caney
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 nations 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 todays market.
Exterior Features

Construction Brick Foundation Slab Lot Size Source Appraiser Parking Or Garage Asphalt Roof Flat

Interior Features

Ceiling Height 11 to 14 Feet Cooling Other Flooring Concrete Handicap YN Yes Heating Central Sq Ft Gross 9146

Property Features

Building Area Source Appraiser Building Area Total 9146.00 Building Use Retail Construction Status Preowned Gross Annual Expenses 0.00 Gross Annual Income 65028.00 Multi Zoning No Municipal Utility District No Net Operation Income 0 Owner Pays All Utilities Possession Negotiable Property Type Retail Tenant Pays All Utilities Transaction Includes Building OnlyLand & Improvements Unexempt Taxes 35086 Utilities City SewerCity WaterElectricity Available Will Subdivide No Zoning 0000

North Texas Real Estate Information Systems MLS logo Listing information © 2025 North Texas Real Estate Information System.


© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Summit Cove Realty, Inc.. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Summit Cove Realty, Inc. are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-11-08T23:42:08.483.
 
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Summit Cove Realty, Inc.
216 Oakmont Dr
Trophy Club TX, 76262
Offered by Jennifer Tran of Avignon Realty: 512-771-7637.