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Pearson GA Retail Center 646 Main St N 2,500 SF 93% Leased Retail Building Pearson, GA 31642 $1,186,532 CAD ($474.61 CAD/SF)

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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

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $124,625 $49.85

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $124,625
Annual Per SF $49.85

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,500 SF
Building Class
C
Year Built
1995
Price
$1,186,532 CAD
Price Per SF
$474.61 CAD
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.39 AC
Zoning
C 3 - Regional Commercial
Frontage
38’ on Main St

AMENITIES

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
P004012
Land Assessment
$1,905 CAD (2024)
Improvements Assessment
$96,706 CAD (2024)
Total Assessment
$98,611 CAD (2024)
  • Listing ID: 32473319

  • Date on Market: 2024-07-16

  • Last Updated:

  • Address: 646 Main St N, Pearson, GA 31642

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