Investment Overview

Marcus & Millichap is pleased to present Family Dollar in Memphis, Tennessee. The asset shares the building with H&R Block. The tenants have both renewed their leases and are committed to the location. Memphis, Tennessee, stands as a dynamic economic hub in the Southeastern United States, blending its historical significance in transportation with a diversified and evolving business landscape. Located on the Mississippi River, the city is famous for the influential strains of blues, soul and rock n' roll that originated there. Elvis Presley, B.B. King and Johnny Cash recorded albums at the legendary Sun Studio, and Presley's Graceland mansion is a popular attraction. Other music landmarks include the Rock n' Soul Museum, Blues Hall of Fames, and Stax Museum of American Soul Music. With a median age of around 34 years, Memphis has a relatively young population. Despite its vibrant culture and strong community ties. Education attainment is improving, with over 88 percent of adults holding at least a high school diploma, and nearly 29 percent earning a bachelor’s degree or higher. This mix of youth, diversity, and economic disparities shapes the city’s dynamic social and cultural identity.