20185 Us-59 New Caney, TX 77357
This exceptional retail opportunity presents a 54,175-square-foot center in New Caney, Texas, strategically located on US-59 at FM 1485. The property boasts excellent visibility, averaging 127,783 cars daily. The center features three buildings, totaling four suites, with available spaces ranging from 1,200 to 4,700 contiguous square feet. Currently, there are 6,491 square feet of vacant space, including a 1,791-square-foot endcap, a 1,200-square-foot inline space, and two 1,500 and 2,000-square-foot inline spaces. The property sits on 7.07 acres of land and includes 259 parking spaces. Built in 1982, this Class B center is anchored by well-known national tenants such as Planet Fitness, La Michoacana, Burger King, and Taco Bell. Its prime location is just 1.2 miles north of the Valley Ranch Town Center, a 1,400-acre mixed-use master-planned community, ensuring a strong customer base and significant growth potential. The property offers a unique opportunity for businesses seeking high visibility and access to a thriving community within the 18th fastest-growing county in the US. The minimum divisible space is 1,200 square feet. This property is zoned for retail and restaurant use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.