626 Main St N, Pearson, GA for sale

626 Main St N, Pearson, GA 31642

Accepting Offers

Asking Price

$1,160,000

626 Main St N, Pearson, GA for sale

626 Main St N, Pearson, GA 31642

Details

Asset Type: Real Estate

Estate: Fee Simple

Year Built: 1982

Number of Floors: 1

Property Type: Retail

Occupancy %: 100

Land Area: 2 Acres

Property Size: 15,556 SF

Investment Highlights

• Corporate-Guaranteed Dollar General – Leased to Dolgencorp, LLC with a guaranty from Dollar General Corporation.
• ±7.5 Years Remaining – Initial lease term extends through February 28, 2034, providing long-term contractual income.
• Scheduled Rental Growth – Annual rent increases 10% beginning in March 2029, with additional 10% increases at each renewal option.
• Four 5-Year Renewal Options – Potential lease term through February 2054 if all options are exercised.
• NN Lease Structure – Tenant is responsible for real estate taxes, utilities, HVAC, interior maintenance and several other operating expenses, limiting landlord responsibilities primarily to structural and capital items.
• 15,556 SF on ±2.0 Acres – Freestanding retail building with parking, drives and associated easements, leased in its entirety to Dollar General.

Offering Summary

626 N Main Street is a 15,556-square-foot, single-tenant retail property situated on approximately 2.0 acres in Pearson, Georgia. The property is fully leased to Dolgencorp, LLC and backed by a corporate guaranty from Dollar General Corporation under a NN lease, providing investors with durable income from one of the nation’s leading essential retailers. The current lease extends through February 2034, with approximately 7.5 years of remaining term as of October 2026, scheduled rent growth, and four additional five-year renewal options.

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