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Pearson GA Retail Center 646 Main St N 2,500 SF 93% Leased Retail Building Pearson, GA 31642 $850,000 ($340/SF)
INVESTMENT HIGHLIGHTS
- Investment Grade Credit Tenant
- Excellent visibility from U.S Highway 441
- Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second largest discount retailer in the US with more than 16,000 location
EXECUTIVE SUMMARY
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.
Price Per SF $81.30
Price Per SF $81.30
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$89,278
|
$35.71
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $89,278 |
| Annual Per SF | $35.71 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
C
Year Built
1995
Price
$850,000
Price Per SF
$340
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.39 AC
Zoning
C 3 - Regional Commercial
Frontage
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | P004012 | Improvements Assessment | $69,029 (2024) |
| Land Assessment | $1,360 (2024) | Total Assessment | $70,389 (2024) |
PROPERTY TAXES
Parcel Number
P004012
Land Assessment
$1,360 (2024)
Improvements Assessment
$69,029 (2024)
Total Assessment
$70,389 (2024)
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Pearson GA Retail Center | 646 Main St N
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