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Retail Store Leasehold
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103 N Center St, Pierson, FL 32180

Single-tenant retail storefront with a long-term Family Dollar lease and multiple extension options.

Property SizeContact for details
Days on Market1381

Property Features for 103 N Center St

General Information

Standard status Active
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Tenancy Single
Listing Agency: Twin Rivers Capital
Listed By: Caroline Saltiel
Source: Crexi
Added: Dec 1, 2022 Changed: Sep 10 Last Checked: Sep 11 at 7:17AM

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 Twin Rivers Capital

Investment Insights

Based on property information with market context.

This is a single-tenant retail storefront offered for sale with a current lease that reflects long-term tenancy. The tenant has 8+ years remaining on the initial lease term and includes five additional 5-year options to extend, with the lease signed by Family Dollar Stores of Florida, LLC and guaranteed by Family Dollar Stores, Inc.

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.

Property Analytics

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Current Use

Family Dollar #7953 Discount Store

Suggested Use

Top Pick HVAC Service Electrical Service Auto Parts Store Real Estate Agency Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Single-tenant retail storefront with a long-term Family Dollar lease and multiple extension options.
Where is this retail space located?
The property is located at 103 N Center St Pierson, FL.
What is the asking price?
The asking price for this property is $2,048,667.
What are key features of this property?
This property features: 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.
More about this property
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