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    OFF-MARKET
    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
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    Blend (final) Blend
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    Owner & transaction history
    RJF DG LLC
    RJF DG LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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