Retail Investment Opportunity | 10% Cap Rate

For Sale

104 Hancock St S, Fort Gaines, GA 39851

This Fort Gaines property for sale is located at 104 Hancock St S. The current listed sale price for Retail Investment Opportunity | 10% Cap Rate is $425,000. Retail Investment Opportunity | 10% Cap Rate is situated on a lot that is 0.65 acre in size.

Contacts

Angie Sarris

Bull Realty

Property Details

  • Property Type Retail - Freestanding
  • Property Size 8,768 SF
  • Lot Size 0.65 Acre
  • Year Built 1987
  • Date Updated Jul 21, 2026
This property is located in Fort Gaines, Georgia.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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Approximately 70 miles south of Columbus, Georgia, ±110 miles southeast of Montgomery, Alabama, and ±100 miles northwest of Tallahassee, Florida.
  • Fort Gaines is the county seat of Clay County.
  • Located in Fort Gaines, Georgia, just before the Alabama border and south of the Walter F. George Reservoir.
  • Single-tenant retail building in downtown Fort Gaines (Clay County), Georgia is offered at $425,000 with an attractive 10% cap rate.
  • Surrounded by acres of timberland and near the Chattahoochee River and Lake Walter F. George, making it an attractive destination for hunting and fishing.
  • Tenant has a 5-year lease with 4 years and 9 months remaining on its initial 5-year lease term. Tenant is a grocery store serving the local community with a selection of meats, produce, shelf-stable products, beer & wine and tobacco products.
  • The ±8,768 SF building generates approximately $50,400 annually.

Attachments

Getting around

  • 24/100

    Walk Score ®

  • 33/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fort Gaines, GA
  • Zip Code 39851

Points of Interest

  • Boat Trailer Parking

    4.74 miles

  • Dog Run

    5.14 miles

  • Pataula Creek Public Use Area parking

    9.14 miles

  • Rubo's

    0.00 miles

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.