109 Gray Rd | Image 1
New
109 Gray Rd | Image 2
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109 Gray Rd | Image 5

$1,210,857

For Sale

A day ago

109 Gray Rd, Cairo, GA

House

MLS® 10782028

0 Bed

0 Bath

9002 sqft

32 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 9002 sqft
Garage 
Taxes $4,984
Days Active 1
Lot Size 
Approx. Age 2016
Avg. Price Per Sqft $134
MLS® Number 10782028

Property Address: 109 Gray Rd, Cairo, GA, 39827-7352

Average square foot calculated using Size range provided by listing agent.

Description

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 a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. 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
MLS® Number10782028
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2016
Basement
DrivewayPaved, Parking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 9, 2026List Date
$1,210,857List Price
  • Commute

Commute

Starting Address
Destination Address
109 Gray Rd, Cairo, GA

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