19620 Fm 1485 RoadNew Caney, TX 77357
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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.
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Status changed to Active | |
| 10 months ago | Price changed to $1,061,537 | |
| 11 months ago | Listing first seen on site |
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Last checked: 2025-11-09 04:51 PM CST
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