Dollar General Grocery
New
For Sale
Contact for pricing
108 North Center Street, Pierson, FL 32180
Single-tenant retail building with an NN lease and two renewal options offering contractual rent increases.
Property Size8,000 SF
Lot Size2.05 Acres
Price / SF$60.48
Days on Market5
Property Features for 108 North Center Street
General Information
Standard status
Active
Size
8,000 SF
Lot size
2.05 Acres
Property subtype
Retail
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$37,500
Financials
Asking Price
$483,870
Cap Rate
7.75%
Building Details
Year Built
2004
Year Renovated
2024
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 254-3407
Listed By:
Doug Passon · License #MI 6502361821
Source:
Crexi
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 9 at 2:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
This single-tenant grocery and convenience property includes an 8,000-square-foot retail building on approximately 2.05 acres. Dollar General occupies the building under a 5-year NN lease that began in August 2024 and extends through August 30, 2029. The lease also provides two additional 5-year renewal options, each with a 10% rent increase.
The property is located at 108 North Center Street in Pierson, Florida. Constructed in 2004, the building serves as an established retail location for the national Dollar General brand within the local market.
The property is located at 108 North Center Street in Pierson, Florida. Constructed in 2004, the building serves as an established retail location for the national Dollar General brand within the local market.
Key Highlights
- Dollar General is the single tenant at the property
- 8,000‑square‑foot retail building on approximately 2.05 acres
- 5‑year NN lease commenced in August 2024 and runs through August 30, 2029
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32180, FL
3,834
Population
1,461
Households
2.6
Avg Household Size
44
Median Age
10%
College-Educated
70%
High-School Grad
90.3 sq mi
ZIP Area
42
Density / Sq Mi
$67,083
Median Household Income
$32,074
Median Earnings
$961
Median Rent
$224,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Single-tenant retail building with an NN lease and two renewal options offering contractual rent increases.
Where is this grocery and convenience store located?
The property is located at 108 North Center Street Pierson, FL.
What is the asking price?
The asking price for this property is $483,870.
What are key features of this property?
This property features: Dollar General is the single tenant at the property; 8,000‑square‑foot retail building on approximately 2.05 acres; 5‑year NN lease commenced in August 2024 and runs through August 30, 2029
