9 Waverly Cir - Retail FOR SALE


Waverly Hall, GA 31831
$564,000 USD
818-579-0652
9 Waverly Cir, Waverly Hall, GA for Sale
$564,000 USD
Retail - FOR SALE
1/6
null | 8% Cap Rate

9 Waverly Cir
Waverly Hall, GA 31831


HIGHLIGHTS

  • No competing dollar store within six miles. The nearest store of any dollar banner is Dollar General's own location in Ellerslie, roughly 6 miles out
  • $62.57/SF purchase price. Materially below what a comparable 9,000 SF store costs to build today. Close to the value of the land/building w/no lease
  • $5.01 per square foot rent. Roughly a third of typical small-format retail rents
  • Dollar General just re-signed this store. In March 2026 the tenant extended through January 2032 w/3 new (5) year opts. running to 2047
  • Small towns are the business model. Waverly Hall is a textbook version.

OVERVIEW

Exclusive Realty is pleased to present a corporate Dollar General at 9 Waverly Circle in Waverly Hall, Georgia, offered at $564,000, an 8.00% cap on $45,120 of annual income. The freestanding 9,014 square foot store sits on 1.1 acres, was built in 2006, and has been occupied since January 2007 on a NN lease carrying a corporate guarantee. Roughly 5.4 years remain on the current term, with three five-year options that carry occupancy through January 2047. Rent is the number that matters. At $5.01 per square foot, roughly a third of what small-format retail commands in most markets, the payment is easy for the tenant to justify at renewal and easy for the market to replace if it ever came back. Dollar General has already answered that question here, extending in March 2026 for another five years. Basis is the other half of the story. At $62.57 per square foot the buyer takes fee simple title to land and improvements for materially less than a comparable store costs to build today, and close to what the real estate would command with no lease attached. Very little of the price is being paid for the income, which is what limits the downside. Waverly Hall is the market Dollar General was built for: a Harris County community 25 miles northeast of Columbus drawing on roughly 5,656 residents within five miles, with no competing dollar store within a six mile drive and no grocery or big box short of a trip toward Columbus or Hamilton. Retail supply in a town this size is thin and expensive to add, which protects a store already established here. Under the NN structure the tenant carries taxes, insurance, and maintenance, leaving the landlord responsible for roof, structure, parking lot, and HVAC replacement. Ownership replaced HVAC in 2025 and restriped the parking lot in 2024. Buyers should carry a reserve for these items and confirm condition during diligence.

FOR SALE DETAILS

PRICE

$564,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

002

APN/PARCEL ID

086A011

ASK ABOUT THIS PROPERTY

Sam WessonExclusive RealtyMore Info
818-579-0652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sam WessonExclusive RealtyMore Info
818-579-0652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.