103 Ctr St Pierson, FL 32180-2375

This exceptional investment opportunity presents a 10,500-square-foot retail property located at 103 N Center St, Pierson, FL 32180, within the Daytona Beach MSA. The property, built in 2009 and renovated in 2023, sits on a 1.69-acre lot and boasts 42 parking spaces. Currently occupied by a Family Dollar and Dollar Tree, operating under a single, corporate-guaranteed Net Lease, this property offers a strong, stable income stream. The lease includes rent bumps, ensuring future income growth. The building features a single story and is zoned CG. With a 100% occupancy rate, the property generates a substantial Net Operating Income (NOI) of $138,285, resulting in a compelling 6.75% capitalization rate. The asking price is $2,048,667, translating to $195.11 per square foot. This is a rare chance to acquire a well-maintained, high-performing retail asset in a desirable location with a strong tenant history and significant upside potential. The property's location on N Center Street benefits from a daily vehicle count of approximately 7,900. This is a turnkey investment ideal for passive income seekers. The property's APN is 4834-11-00-0030.