Retail Space /TX /Montgomery County /New Caney /26154 FM 1485 Rd
Retail Space /TX /Montgomery County /New Caney /26154 FM 1485 Rd

26154 FM 1485 Rd - Freestanding FOR SALE


New Caney, TX 77357 | 
$1,253,000 USD
949-345-0970
26154 FM 1485 Rd, New Caney, TX for Sale
$1,253,000 USD
Freestanding - FOR SALE
1/6
null | 7.5% Cap Rate
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26154 FM 1485 Rd
New Caney, TX 77357

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HIGHLIGHTS

  • Corporate NNN Lease – 20,900+ Locations
  • 10% Rental Increases at Each Option – Next Increase in 2031
  • Income Tax Free State – Located off of State Highway 99
  • 35 Minutes from Houston – One of Houston’s Fastest Growing Corridors
  • 62,441 Residents in 5-Miles – High 3.57% Annual Population Growth
  • Adjacent to Lake Houston Wilderness Park – 5,000 Acres of Recreation

OVERVIEW

The lease is corporately guaranteed by Dollar General Corporation (NYSE: DG), which is the largest U.S. retailer by store count, with over 20,900 locations and an investment grade credit rating of BBB (S&P).

FOR SALE DETAILS

PRICE

$1,253,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | New Caney (H

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,209 SF

ZONING

-

APN/PARCEL ID

0229-00-06000

ASK ABOUT THIS PROPERTY

Ian SchroederCBRE, Inc.More Info
949-345-0970

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Ian SchroederCBRE, Inc.More Info
949-345-0970

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

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