Listing 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.