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Corporate-Guaranteed NNN Retail Property
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9 Waverly Circle, Waverly Hall, GA 31831

Freestanding retail store with a corporate-guaranteed NN lease and recently replaced HVAC system.

Property Size9,014 SF
Lot Size1.10 Acres
Price / SF$62.57
Days on Market4

Property Features for 9 Waverly Circle

General Information

Standard status Active
Size 9,014 SF
Lot size 1.10 Acres
Property subtype Retail
Occupancy 100%
Net Operating Income $45,120

Financials

Asking Price $564,000
Cap Rate 8%

Building Details

Year Built 2006
Buildings 1
Tenancy Single
Listing Agency: Exclusive Realty
Listed By: Steve Sagmani · License #MI 6502426558
Source: Crexi
Added: Sep 2 Changed: Sep 5 Last Checked: Sep 5 at 3:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exclusive Realty

Investment Insights

Based on property information with market context.

This freestanding retail property contains 9,014 square feet on 1.1 acres and was constructed in 2006. The store has operated at the site since January 2007 under an NN lease backed by a corporate guarantee. Approximately 5.4 years remain in the current term, followed by three five-year renewal options extending occupancy through January 2047.

Located at 9 Waverly Circle in Waverly Hall, Georgia, the property serves a community 25 miles northeast of Columbus. The surrounding five-mile area includes approximately 5,656 residents, while no competing dollar store is located within a six-mile drive. Ownership replaced the HVAC system in 2025 and restriped the parking lot in 2024. Under the lease structure, the tenant handles taxes, insurance, and maintenance, while ownership retains responsibility for the roof, structure, parking lot, and HVAC replacement.

Key Highlights

  • 9,014‑square‑foot freestanding retail store on 1.1 acres
  • NN lease with corporate guarantee and approximately 5.4 years remaining
  • Three five‑year options extend occupancy through January 2047

Property Analytics

Current Use

Dollar General Discount Store Western Union Bank FedEx OnSite Postal Service

Suggested Use

Top Pick Building Supply Auto Repair Shop Electrical Service Furniture & Home Goods Nail Salon Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

97
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
5,700 visits/mo 0.0 miles
Texaco Shops & Services
1,688 visits/mo 0.2 miles

Demographics for 31831, GA

3,829
Population
1,665
Households
2.3
Avg Household Size
43
Median Age
25%
College-Educated
86%
High-School Grad
73.4 sq mi
ZIP Area
52
Density / Sq Mi
$71,579
Median Household Income
$46,366
Median Earnings
$765
Median Rent
$238,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding retail store with a corporate-guaranteed NN lease and recently replaced HVAC system.
Where is this nnn property located?
The property is located at 9 Waverly Circle Waverly Hall, GA.
What is the asking price?
The asking price for this property is $564,000.
What are key features of this property?
This property features: 9,014‑square‑foot freestanding retail store on 1.1 acres; NN lease with corporate guarantee and approximately 5.4 years remaining; Three five‑year options extend occupancy through January 2047
(248) 833-6601 Call to check price and availability
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