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Pearson GA Retail Center 652 North Main Street

12,300 SF 93% Leased Retail Building Pearson, GA 31642 £939,960 (£76/SF)

Investment Highlights

  • Investment Grade Credit Tenant
  • Excellent visibility from U.S Highway 441
  • Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second largest discount retailer in the US with more than 16,000 location

Executive Summary

Pearson GA retail center is 12,300 SF and sits on 1.05 acres. Family Dollar / Dollar Tree anchors the center occupying 10,500 SF. Family Dollar has been in the space since 2011. The current lease expires on 1/31/27 and has two 5-year extensions with a 5% increase in the lease payment. There are 2 other retail spaces that are 900 SF each, with one currently vacant. A new roof was installed in 2023.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
12,300 SF
Year Built
1995
Price
£939,960
Price Per SF
£76
Percent Leased
93%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.27
Lot Size
1.05 AC
Zoning
C 3

Amenities

  • Signage
  • Air Conditioning

Nearby Major Retailers

Piggly Wiggly
Iga
  • Listing ID: 32473319

  • Date on Market: 16/07/2024

  • Last Updated:

  • Address: 652 North Main Street, Pearson, GA 31642

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