Pearson GA Retail Center

12,300 SF | 93% Leased | Retail Building | Pearson, GA 31642 | $1,200,000 ($98/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,200,000

Property Type
Retail
Square Feet
12,300 SF
Price / Square Foot
$98

Listing Contacts

Todd Davis
Todd Davis
Verified Profile
  • Property Info

Property Overview

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 Details

Year Built
1995
Stories
1
Property Subtype
Storefront, Freestanding
Lot Size (sq. ft)
45,738 SF

Highlights

  • Investment Grade Credit Tenant
  • 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
  • Excellent visibility from U.S Highway 441

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