Retail Investment Opportunity | 10% Cap Rate

This single-tenant retail investment opportunity in downtown Fort Gaines, Georgia (Clay County), is offered at $425,000 with an attractive 10% cap rate. The ±8,768 SF building generates approximately $50,400 in annual rental income and is leased to a neighborhood grocery store with approximately 4 years and 9 months remaining on its current 5-year lease. The store serves the local community with groceries, fresh meats, produce, beer and wine, and tobacco products. Located just east of the Alabama border and south of Walter F. George Reservoir, the property is approximately 70 miles south of Columbus, Georgia, ±110 miles southeast of Montgomery, Alabama, and ±100 miles northwest of Tallahassee, Florida. As the county seat of Clay County, Fort Gaines is surrounded by timberland and is near the Chattahoochee River and Lake Walter F. George, making it a popular destination for hunting, fishing, and other outdoor recreation.