Pearson GA Retail Center
Retail | 10.50% CAP | 12,300 SqFt
Marketing description
Pearson GA retail center is 12,300 SF and sits on 1.05 acres. Family Dollar / Dollar Tree anchors the center occupying 10,500 SF. Family Dollar has been in the space since 2011. The current lease expires on 8/31/27 and has two 5-year extensions with a 5% increase in the lease payment. There are 2 other retail spaces that are 900 SF each and will be fully leased as of 1/1/26. A new roof was installed in 2023.
Location Description
The property is located right off North Main Street (US Hwy 441/221), which sees approximately 7,520 vehicles per day. U.S Highway 82 sits approximately 1 mile south of the property.
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Investment highlights
Investment Grade Credit Tenant
Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States with more than 16,000 locations.
Excellent visibility from U.S Highway 441
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