652 Main St Pearson, GA 31642
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High-yield retail center, strong tenants.
Property size:
12,300 SFProperty Features for 652 Main St
General Information
- Property type
- Neighborhood centers
- Square Feet
- 12,300 SF
- Lot Size
- 45,738 SF
Building Details
- Year Built
- 1995
- Buildings
- 1
- Stories
- 1
Listing Agency: SVN | Saunders Ralston Dantzler Listing Agent: Todd Davis
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 12,300-square-foot retail strip center located at 652 North Main Street, Pearson, Georgia 31642. Anchored by Dollar Tree and Family Dollar, occupying 10,500 square feet, this property boasts a strong tenant base. Family Dollar, a tenant since 2011, has a lease expiring January 31, 2027, with two five-year extension options, each including a 5% rent increase. The center also features two additional 900-square-foot retail spaces, one currently vacant, offering potential for increased revenue. The property sits on a 1.05-acre lot, zoned C-3, and benefits from excellent visibility on US Highway 441. Built in 1995, the single-story building received a new roof in 2023. The current occupancy rate is 92.68%, and the asking price is $1,200,000 ($97.56 per square foot). This investment offers a compelling opportunity to acquire a well-maintained retail center with strong, investment-grade credit tenants in a prime location. Dollar Tree, which acquired Family Dollar in 2015, is the second largest discount retailer in the United States, operating over 16,000 locations. The property's Parcel Identification Number (APN) is P004 013.
Property Profile
Location Intelligence
Current Use by Public Records
CK Ice House ...
Big Box & Wholesale Store
Location Insight
- Map
- Local Demand
- City
- Pearson
- County
- Atkinson
- State
- Georgia
- Longitude
- -82.8493317
- Latitude
- 31.3069776
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FAQs
What type of property is this?
Neighborhood center - High-yield retail center, strong tenants.
Where is this neighborhood center located?
The property is located at 652 Main St Pearson, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Investment-grade credit tenant.; Dollar Tree (including Family Dollar) is a national, creditworthy tenant with over 16,000 locations.; High visibility from US Highway 441.
