4651 Sublett Rd, Arlington, TX 76017-4093
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.
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Western Union Bank Credit Union
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Dollar General Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.