652 Main St Pearson, GA 31642
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.
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CK Ice House America Big Box & Wholesale Store Distribution Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.