Dollar General

Waverly Hall, Georgia, offers investors the advantages of a small, close-knit community combined with convenient access to the larger Columbus metropolitan market. Located in southeast Harris County along Georgia Highway 85 and U.S. Alternate Highway 27, Waverly Hall provides regional connectivity to Columbus and surrounding communities, while its position within the Columbus metropolitan area expands the potential customer and employment base. The town features essential neighborhood amenities including grocery and convenience shopping, restaurants, local retail and services, public safety facilities, and community resources. The Village Green, walking trail, playgrounds, and recreation facilities contribute to the town's quality of life, while the nearby Columbus area provides substantially greater access to healthcare, shopping, dining, education, entertainment, and employment. From an investment perspective, Waverly Hall benefits from its highway-oriented commercial environment, proximity to Columbus, available land, and opportunities for neighborhood-serving retail and service businesses. Harris County's comprehensive planning documents specifically identify commercial opportunities, strong traffic counts through Waverly Hall, the town's location near Columbus, and opportunities for continued residential and commercial development as community strengths. The broader Columbus economy is supported by major employers and institutions including Fort Moore, AFLAC, Synovus, TSYS, Piedmont Columbus Regional, Columbus State University, St. Francis-Emory Healthcare, and Pratt & Whitney, providing a diversified regional employment base. This combination of affordable small-town character, established community amenities, transportation access, and proximity to a larger employment and consumer market makes Waverly Hall an appealing location for NNN retail, convenience, service, neighborhood commercial, and land-development investments.Exclusive Realty is pleased to present a corporate Dollar General at 9 Waverly Circle in Waverly Hall, Georgia, offered at $550,000, an 8.2% cap on $45,120 of annual income. The freestanding 9,014 square foot store sits on 1.1 acres, was built in 2006, and has been occupied since January 2007 on a NN lease carrying a corporate guarantee. Roughly 5.4 years remain on the current term, with three five‑year options that carry occupancy through January 2047. Rent is the number that matters. At $5.01 per square foot, roughly a third of what small‑format retail commands in most markets, the payment is easy for the tenant to justify at renewal and easy for the market to replace if it ever came back. Dollar General has already answered that question here, extending in March 2026 for another five years. Basis is the other half of the story. At $62.57 per square foot the buyer takes fee simple title to land and improvements for materially less than a comparable store costs to build today, and close to what the real estate would command with no lease attached. Very little of the price is being paid for the income, which is what limits the downside. Waverly Hall is the market Dollar General was built for: a Harris County community 25 miles northeast of Columbus drawing on roughly 5,656 residents within five miles, with no competing dollar store within a six mile drive and no grocery or big box short of a trip toward Columbus or Hamilton. Retail supply in a town this size is thin and expensive to add, which protects a store already established here. Under the NN structure the tenant carries taxes, insurance, and maintenance, leaving the landlord responsible for roof, structure, parking lot, and HVAC replacement. Ownership replaced HVAC in 2025 and restriped the parking lot in 2024. Buyers should carry a reserve for these items and confirm condition during diligence.