Restaurant
Popeyes w/ Dr-Thru | 20 Year Abs. Net | Grand Pkwy Interchange - 70k+ VPD | Affluent Houston Suburb
21467 FM1314, Porter (Houston MSA), TX 77365
Listing Price: $2,818,181
Investment Overview
Porter is positioned within one of Greater Houston’s most dynamic growth corridors, benefiting from rapid residential expansion, major commercial investment and direct access to the Grand Parkway and Interstate 69/US 59. Located in southeast Montgomery County, the area provides convenient connectivity to New Caney, Kingwood, Humble, The Woodlands and the broader Houston employment base, while maintaining a rapidly expanding suburban population.
Residential development is a central driver of the corridor’s long-term growth. The nearby Highlands, a 2,300-acre Caldwell Communities master-planned community, is planned for approximately 4,000 homes and features Highland Pines Golf Club, resort-style amenities, extensive trails and a 200-acre natural preserve. Valley Ranch, another major 1,400-acre master-planned community, has established the New Caney/Porter area as a regional destination for housing, shopping, dining and entertainment. Valley Ranch Town Center includes more than 100 retailers and restaurants and reached 97% occupancy in 2026, while the newly announced 55-acre Commerce District will add approximately 400,000 square feet of commercial development, an H-E-B grocery store and 600 luxury multifamily units.
The surrounding population base continues to expand at an exceptional pace. Montgomery County reached an estimated 781,194 residents in 2025, representing 25.9% growth since 2020. New Caney ISD now serves more than 19,000 students across 21 campuses, further reflecting sustained household formation and family growth. The corridor also benefits from a growing concentration of national retailers, restaurants, entertainment venues and multifamily projects, creating daily traffic from residents, commuters, students and regional shoppers throughout the week.
Together, expanding rooftops, high household incomes, increasing school enrollment, regional retail destinations and continued infrastructure and commercial development are transforming the FM 1314/Grand Parkway corridor into a major growth node within northeast Houston, with substantial runway for continued residential and commercial expansion.
Popeyes w/ Dr-Thru | 20 Year Abs. Net | Grand Pkwy Interchange - 70k+ VPD | Affluent Houston Suburb
Investment Highlights
- 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2026 High Quality Construction w/ Drive-Thru.
- Signalized Hard-Corner | 70k+ Combined VPD - Positioned at FM 1314 and Grand Parkway/SH 99, a Major Regional Intersection Connecting Porter-New Caney with Interstate 69/US 59.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- 342 Multifamily Units Immediately Adjacent - Territory at Porter, a 342-Unit Multifamily Community Directly Behind the Commercial Development, Adds a Substantial Built-in Residential Customer Base Immediately Adjacent to the Restaurant Site.
- Down the Street from The Highlands – a 2,300-Acre Caldwell Communities Master-Planned Community Planned for Approximately 4,000 Homes, Materially Expanding the Site's Long-Term Residential Trade Area.
- Destination Amenities at The Highlands - The Highlands Adds Destination-Quality Amenities including Highland Pines Golf Club, Discovery Cove Waterpark and Lazy River, More than 30 Miles of Trails, and a 200-Acre Natural Preserve.
- Minutes from 1,400-Acre Valley Ranch Master Plan - Valley Ranch is a 1,400-Acre Master-Planned Community Along Grand Parkway and I-69, with More than 2,000 Single-Family Homes, 1,000 Multifamily Residences and Major Commercial Development.
- 1.5+ Million-Square-Foot Regional Retail Destination - Valley Ranch Town Center Provides a Powerful Regional Retail Draw, Spanning 240 Acres and More than 1.5 Million Square Feet with Target, Kroger, Academy, Cinemark and HomeGoods. Tremendous Market Demographics with Rapid Growth - Average Household Income Exceeds $120k within One Mile, While the Five-Mile Population is Projected to Increase Approximately 18%, from 71,358 to 83,935 Residents by 2030.
Exclusively Listed By
Broker of Record
Restaurant
Popeyes w/ Dr-Thru | 20 Year Abs. Net | Grand Pkwy Interchange - 70k+ VPD | Affluent Houston Suburb
Listing Price: $2,818,181
Investment Highlights
- 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2026 High Quality Construction w/ Drive-Thru.
- Signalized Hard-Corner | 70k+ Combined VPD - Positioned at FM 1314 and Grand Parkway/SH 99, a Major Regional Intersection Connecting Porter-New Caney with Interstate 69/US 59.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- 342 Multifamily Units Immediately Adjacent - Territory at Porter, a 342-Unit Multifamily Community Directly Behind the Commercial Development, Adds a Substantial Built-in Residential Customer Base Immediately Adjacent to the Restaurant Site.
- Down the Street from The Highlands – a 2,300-Acre Caldwell Communities Master-Planned Community Planned for Approximately 4,000 Homes, Materially Expanding the Site's Long-Term Residential Trade Area.
- Destination Amenities at The Highlands - The Highlands Adds Destination-Quality Amenities including Highland Pines Golf Club, Discovery Cove Waterpark and Lazy River, More than 30 Miles of Trails, and a 200-Acre Natural Preserve.
- Minutes from 1,400-Acre Valley Ranch Master Plan - Valley Ranch is a 1,400-Acre Master-Planned Community Along Grand Parkway and I-69, with More than 2,000 Single-Family Homes, 1,000 Multifamily Residences and Major Commercial Development.
- 1.5+ Million-Square-Foot Regional Retail Destination - Valley Ranch Town Center Provides a Powerful Regional Retail Draw, Spanning 240 Acres and More than 1.5 Million Square Feet with Target, Kroger, Academy, Cinemark and HomeGoods. Tremendous Market Demographics with Rapid Growth - Average Household Income Exceeds $120k within One Mile, While the Five-Mile Population is Projected to Increase Approximately 18%, from 71,358 to 83,935 Residents by 2030.
Investment Overview
Porter is positioned within one of Greater Houston’s most dynamic growth corridors, benefiting from rapid residential expansion, major commercial investment and direct access to the Grand Parkway and Interstate 69/US 59. Located in southeast Montgomery County, the area provides convenient connectivity to New Caney, Kingwood, Humble, The Woodlands and the broader Houston employment base, while maintaining a rapidly expanding suburban population. Residential development is a central driver of the corridor’s long-term growth. The nearby Highlands, a 2,300-acre Caldwell Communities master-planned community, is planned for approximately 4,000 homes and features Highland Pines Golf Club, resort-style amenities, extensive trails and a 200-acre natural preserve. Valley Ranch, another major 1,400-acre master-planned community, has established the New Caney/Porter area as a regional destination for housing, shopping, dining and entertainment. Valley Ranch Town Center includes more than 100 retailers and restaurants and reached 97% occupancy in 2026, while the newly announced 55-acre Commerce District will add approximately 400,000 square feet of commercial development, an H-E-B grocery store and 600 luxury multifamily units. The surrounding population base continues to expand at an exceptional pace. Montgomery County reached an estimated 781,194 residents in 2025, representing 25.9% growth since 2020. New Caney ISD now serves more than 19,000 students across 21 campuses, further reflecting sustained household formation and family growth. The corridor also benefits from a growing concentration of national retailers, restaurants, entertainment venues and multifamily projects, creating daily traffic from residents, commuters, students and regional shoppers throughout the week. Together, expanding rooftops, high household incomes, increasing school enrollment, regional retail destinations and continued infrastructure and commercial development are transforming the FM 1314/Grand Parkway corridor into a major growth node within northeast Houston, with substantial runway for continued residential and commercial expansion.
Exclusively Listed By
Broker of Record
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