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Property profile & analytics
OFF-MARKET Estimated value $385,000
Retail space

4651 Sublett Rd Arlington, TX 76017-4093

9,510 SF 0.93 ac lot Built 2010
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US82-5162790
Property summary
AI-generated overview

Offered for sale is a prime retail investment opportunity: a 9,510-square-foot Dollar General storefront in Arlington, Texas. This single-tenant, net-lease property boasts a strong corporate guarantee from a Fortune 500 company (Dollar General Corporation, rated BBB by S&P). The lease, originally commencing September 2, 2009, has a remaining term of approximately 5.8 years, with three additional 5-year renewal options, each including a 10% rent increase. The property sits on a sizable 1.13-acre lot, providing ample parking and multiple access points. Its excellent visibility is enhanced by its location on Sublett Road (16,319 vehicles per day) near US 287 (86,427 vehicles per day). The surrounding area demonstrates strong demographics, with over 214,178 residents within a five-mile radius and an average household income exceeding $110,488. This location benefits from its proximity to Sublett Marketplace, featuring national retailers such as Kroger, LA Fitness, Chick-fil-A, Whataburger, and Starbucks, further enhancing its appeal and accessibility. The property's current Net Operating Income (NOI) is $96,868, resulting in a 6.25% cap rate, based on the asking price of $1,550,000. Built in 2010, this property presents a compelling investment opportunity with a secure tenant, long-term lease, and strong location characteristics.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2010
Total area 9,510 SF
Lot 0.93 ac (40,293 SF)
APN 40653K--3R
UPID US82-5162790
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Western Union Bank Credit Union
  • Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k
Owner & transaction history
Henry Lo · 1 yrs held
Henry Lo
since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2019
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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