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Property profile & analytics
OFF-MARKET Estimated value $690,000
Auto shops

6028 Us Hwy 51st S Arlington, KY 42021-9005

1,650 SF Built 1956
Entity Owned Absentee Owner Free & Clear
Property ID
US34-1506088
Property summary
AI-generated overview

This exceptional investment opportunity presents a 9,026-square-foot Dollar General convenience store located at 6028 US Highway 51, Arlington, KY 42021. The property boasts a triple-net (NNN) lease, absolving the owner of all landlord responsibilities. The current lease, with a corporate guarantee from Dollar General, commenced July 17, 2019, and extends until July 31, 2034, leaving approximately 9.7 years remaining. Five five-year lease options are included, each with a 10% rent increase. The property, built in 1956, sits on a commercially zoned lot and features a single-story building. The asking price is $1,152,184, translating to a price per square foot of $127.65 and a compelling 6.50% cap rate based on a net operating income (NOI) of $74,892. The property is currently 100% occupied, offering immediate cash flow and a secure investment. This presents an ideal opportunity for 1031 exchange investors seeking a low-maintenance, high-return retail asset with a strong national tenant. The property's location in Arlington, Kentucky, provides excellent visibility and access.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1956
Construction WOOD
Total area 1,650 SF
APN 029-10-02-002.00
UPID US34-1506088
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$690k
Owner & transaction history
RJF DG LLC
RJF DG LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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