Memphis, TN
Price: $1,663,642
Cap Rate: 7.25%
Status: UNDER CONTRACT

Family Dollar-Memphis Main WM
Family Dollar-Memphis Main WM
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Blue West Capital is pleased to exclusively offer for sale a Family Dollar located in Memphis, TN. This property offers upgraded high-end brick construction with a healthy rent-to-sales ratio. 

Positioned just west of the heavily trafficked signalized intersection of East E.H. Crump Blvd and South 3rd Street (27K VPD), and approximately one-half mile east of Interstate 55 (58K VPD) in a densely populated surrounding area with approximately 10,000 people living within one mile. Family Dollar is committed to this location evidenced by a recent early lease extension

  • Strong reported store sales
  • Located one mile south of the FedExForum (home to the Memphis Grizzlies) and the famed Beale Street
  • Retailers in the immediate area include Taco Bell, Captain D’s, Exxon, KFC, Valero, BP, and many others
  • Tennessee is an income tax-free state

OFFERING SUMMARY

Price: $1,663,642
Cap Rate: 7.25%

Building Size: 8,320 SF
Lot Size:
45,741 SF

INVESTMENT CONTACT

ZACH WRIGHT    
Director
Net Lease Investment Sales
720.966.1628
Zach@BlueWestCapital.com

BRANDON WRIGHT  
Analyst
Investment Sales
720.828.7457
Brandon.Wright@BlueWestCapital.com

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2022-03-28T11:02:15-07:00
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