104 Hall St, Garfield, GA 30425
This exceptional investment opportunity presents a fee-simple ownership of a 9,100-square-foot Dollar General store in Garfield, Georgia. The property boasts a 15.1-year absolute NNN lease with 9.7 years remaining on the primary term, followed by four five-year renewal options, each with a 10% rent increase. The lease is corporately guaranteed by Dollar General Corporation. Built in 2019, this single-story building sits on a 1.1-acre lot with 30 parking spaces and enjoys a prime corner location at Georgia Hwy 23 and Hall St. The property's strong financials are highlighted by a 7.60% cap rate based on a net operating income (NOI) of $83,604, and a price per square foot of $120.88. The asking price is $1,100,000. The property is 100% occupied and zoned for commercial use. This presents a compelling opportunity for passive investors seeking a secure, long-term investment with a credit-rated tenant and minimal landlord responsibilities. The surrounding area demonstrates strong demographics, with a 3-mile average household income of $62,437 and a 10-mile population of 6,955.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.