Dollar General- NNN - Low Rents

Highlights:

• Average Floor Size: 9002.0
• Gross Income: $ 89726.0

Description:

Cairo, Georgia offers investors the strength of a true South Georgia county-seat market, combining small-town stability with regional accessibility. Located in Grady County, approximately 30 miles north of Tallahassee and positioned between Thomasville and Bainbridge, Cairo serves as a commercial and civic hub for the surrounding rural trade area. With a population of roughly 10,000 residents, the market supports steady demand for essential retail, services, medical, food, automotive, and neighborhood-oriented commercial uses.

Known as “The Hospitality City” and historically recognized as “The Syrup City,” Cairo benefits from a strong local identity, agricultural roots, and a business culture tied to community loyalty and everyday commerce. Its downtown, local restaurants, schools, parks, and community institutions create a durable quality-of-life foundation that helps support tenant retention and repeat customer traffic. For commercial real estate investors, this translates into a market where well-located properties can serve both local residents and regional visitors.

From an investment standpoint, Cairo offers a compelling alternative to higher-cost metro assets: lower entry basis, practical highway access, and a pro-growth local environment. Grady County’s economic development resources emphasize available industrial acreage, existing building opportunities, a ready workforce, and transportation corridors connecting to I-75 and I-10—important fundamentals for users, developers, and investors seeking long-term value in a regional South Georgia market.

Initial 15-Year Absolute NNN Lease

Zero Landlord Responsibilities

5 (5 Year) Options | 10% Increases At Each Option

Five Mile Household Income $70,123

Ten Mile Population 24,663

Estimated annual store sales of $2.4M (per Placer.ai)

Coldwell Banker Commercial- Metro Brokers is pleased to present this brand new 9,002 SF. Dollar General store located in Cairo, Georgia. The property is incombered by the original Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities that commenced in 2016. The lease contains 10% rent increases at each of the 5 (5 Year) Options to renew. The lease is a corporate guarantee by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. Placer.ai estimates the annual revenue at the store about $2.4M which yields a very healthy rent to sales ration of under 4%,

This Dollar General is highly visible as it is strategically positioned on N. Broad Street with about 8,000 cars per day and within 3-,iles of downtown Cairo. The 10 mile population from the site is 24,663 while the 5-mile average household income is $70,123 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 7.00% cap rate based on the NOI of $84,742.00

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