197 Gray Road, Cairo, GA
Retail for Sale - $1,210,857 - 9,002 Sq. Ft. on 1 acres
Agent Info
| Russell Malayery Coldwell Banker Commercial Metro Brokers |
Property Info
| CIMLS# | 1192481 |
| Location 197 Gray Road Cairo GA 39827 | |
| Updated | June 8th, 2026 |
| Type | Retail |
| Price | $1,210,857 |
| Building | 9,002 Sq. Ft. |
| Land | 1 acres |
Property 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



