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Dollar General (Upgraded Construction)

4651 W Sublett Rd, Arlington, TX 76017

Listing Price: $1,550,000

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
6.0
Gross SF
9,510
Guarantor
Corporate Guarantee
Rentable SF
9,510
Price/Gross SF
$162.99
Lease Type
Double Net
Rent Per Square Feet
$10.19

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Double Net lease Dollar General in Arlington, TX. The property consists of a 9,510-square-foot, freestanding building that sits on approximately 1.13 acres of land. There are 6.0 years remaining on the lease with 10% rental increases in each option.

Investment Highlights

  • Recent Lease Extension - Early 5-Year Extension Highlights Commitment to the Site
  • Double Net Lease with Six Years Remaining
  • Excellent Visibility on Sublett Road (16,319 VPD) Near US 287 (86,427 VPD)
  • More Than 214,178 Residents and an Average Household Income of $110,488 Within a Five-Mile Radius
  • Easily Accessible Location on Highway 287 Between Fort Worth and Dallas

Exclusively Listed By

Financing By

Discount

Dollar General (Upgraded Construction)

Listing Price: $1,550,000

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
6.0
Gross SF
9,510
Guarantor
Corporate Guarantee
Rentable SF
9,510
Price/Gross SF
$162.99
Lease Type
Double Net
Rent Per Square Feet
$10.19

Investment Highlights

  • Recent Lease Extension - Early 5-Year Extension Highlights Commitment to the Site
  • Double Net Lease with Six Years Remaining
  • Excellent Visibility on Sublett Road (16,319 VPD) Near US 287 (86,427 VPD)
  • More Than 214,178 Residents and an Average Household Income of $110,488 Within a Five-Mile Radius
  • Easily Accessible Location on Highway 287 Between Fort Worth and Dallas

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Double Net lease Dollar General in Arlington, TX. The property consists of a 9,510-square-foot, freestanding building that sits on approximately 1.13 acres of land. There are 6.0 years remaining on the lease with 10% rental increases in each option.

Exclusively Listed By

Financing By

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