103 N Center St, Pierson, FL 32180
Single-tenant retail storefront with a long-term Family Dollar lease and multiple extension options.
Property Features for 103 N Center St
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The lease includes scheduled rental increases of $0.50 per square foot at the beginning of each option period. This structure is designed to grow income over time while providing built-in inflation protection tied to the option periods.
As disclosed in the offering materials, on July 7, 2025, Dollar Tree, Inc. announced the completion of its previously announced sale of the Family Dollar business segment to Brigade Capital Management, LP and Macellum Capital Management, LLC.
Key Highlights
- Single‑tenant retail storefront with long‑term Family Dollar lease featuring 8+ years remaining on the initial term
- Lease includes five (5‑year) extension options, providing up to multiple additional terms
- Lease signed by Family Dollar Stores of Florida, LLC and guaranteed by Family Dollar Stores, Inc.
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Trade Area within ½ mile
Demographics for 32180, FL
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Vacancy Rate% for Retail in South region