103 N Center St - Freestanding FOR SALE


Pierson, FL 32180
$2,049,000 USD
954-703-3602
103 N Center St, Pierson, FL for Sale
$2,049,000 USD
Freestanding - FOR SALE
1/11
null | 6.75% Cap Rate

103 N Center St
Pierson, FL 32180


HIGHLIGHTS

  • 8+ Years Remaining | Corporate Guaranteed | Scheduled Rent Increases | Dollar Tree Acquisition
  • Along N Center St (8,300 VPD) | Limited Competition | Nearby Schools | Excellent Visibility & Access
  • NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Local Demographics Within 10-Mile Trade Area

OVERVIEW

• Tenant currently has 8+ years remaining on their initial lease with 5 (5-year) options to extend, demonstrating their long-term commitment to the site • The lease is signed by Family Dollar Stores of Florida, LLC • Guaranteed by Family Dollar Stores, Inc. • On July 7, 2025, Dollar Tree, Inc. (NASDAQ: DLTR) announced the completion of the previously announced sale of its Family Dollar business segment to Brigade Capital Management, LP and Macellum Capital Management, LLC • The lease features $0.50/PSF rental increases at the beginning of each option period, growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$2,049,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar - Pierson FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

B1

APN/PARCEL ID

4834-11-00-0030

ASK ABOUT THIS PROPERTY

Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.