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Property profile & analytics
OFF-MARKET Estimated value $280,000
Commercial real estate

607 Main St La Fayette, GA 30728-8202

9,020 SF 0.88 ac lot Built 2003
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US22-0431446
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2003
Construction STEEL FRAME
Total area 9,020 SF
Lot 0.88 ac (38,333 SF)
Zoning code B2
APN 1047 066
UPID US22-0431446
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • FedEx OnSite Postal Service Courier Service
  • Dollar General Discount Store
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$523k
Blend (final) Blend
$280k
Owner & transaction history
Chgdgst LLC · 8 yrs held
Chgdgst LLC
since 2017
7 recorded transactions
2025
Price N/A
2020
Price N/A
2017
Price N/A
2017
$534,600
2011
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
B2 · La Fayette, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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