607 Main St La Fayette, GA 30728-8202
This exceptional investment opportunity presents a single-tenant, net-leased Dollar General store in LaFayette, Georgia. Located at 607 South Main St, 30728, this 9,100 square foot building sits on a 0.88-acre lot and boasts a strong 7.30% cap rate, based on a current NOI of $46,200. The property, built in 2003, benefits from a credit-rated tenant with a lease extending to August 30, 2028, offering 3.8 years of remaining lease term. A significant advantage is the inclusion of one five-year lease option with a 10% rent increase upon renewal. The property's occupancy is 100%, and the asking price is $633,000 ($69.56/sq ft). This established location, one of three Dollar Generals in LaFayette, has served the community since its opening in February 2003, demonstrating the strength and stability of this retail asset. The property's one-story design and convenient location contribute to its overall appeal. This is a compelling investment opportunity due to the long-term lease, strong tenant, and attractive financial metrics.
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FedEx OnSite Postal Service Courier Service
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Dollar General Discount Store
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Redbox Cinema (Bike/Boat/Book/etc) Store
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Western Union Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B2 · La Fayette, GACosts & 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.