Dollar General
New Caney (Houston MSA), TX
Summary
- Offering Price $1,253,000
- Cap Rate 7.50%
- Annual Rent $94,000
- Lease Type NNN
Key Facts
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