109 Gray Rd 9,002 SF Retail Building Cairo, GA 39827 $1,210,857 ($134.51/SF) 7% Cap Rate

This offering features a 9,002-square-foot Dollar General store located in Cairo, Georgia, under a 15-year absolute NNN lease with no landlord responsibilities. The lease includes five 5-year renewal options, each with 10% rental increases, and is corporately guaranteed by Dollar General Corporation, rated “BBB” Investment Grade. With an NOI of $84,742 and a list price reflecting a 7.00% cap rate, this asset provides steady, predictable income ideal for 1031 exchange investors and those seeking hands-off ownership with reliable returns.
Positioned on N. Broad Street with visibility to approximately 8,000 daily vehicles, the property benefits from strong traffic and accessibility within three miles of downtown Cairo. The surrounding 10-mile trade area serves over 24,000 residents, while the five-mile average household income of $70,123 supports retail demand. Dollar General’s estimated annual store revenue of $2.4 million delivers a healthy rent-to-sales ratio under 4%, reinforcing the fiscal stability of this location. Cairo’s role as a regional hub—strategically located near Tallahassee and connected via key transportation corridors—further enhances the long-term appeal of this investment opportunity.