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Shopping Strip

Family Dollar

2644 James Rd, Memphis, TN 38127

Listing Price: $1,541,000

Cap Rate
9.25%
Gross SF
14,294
Rentable SF
14,294
Price/Gross SF
$107.81
Lot Size
1.13 acres
Year Built
1993

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.

Investment Highlights

  • Easy to Maintain Family Dollar and H&R Block
  • Commitment to Location | Recent Lease Extensions
  • Located in Memphis, Tennessee with a Diverse Vibrant Culture and Strong Community

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Shopping Strip

Family Dollar

Listing Price: $1,541,000

Cap Rate
9.25%
Gross SF
14,294
Rentable SF
14,294
Price/Gross SF
$107.81
Lot Size
1.13 acres
Year Built
1993

Investment Highlights

  • Easy to Maintain Family Dollar and H&R Block
  • Commitment to Location | Recent Lease Extensions
  • Located in Memphis, Tennessee with a Diverse Vibrant Culture and Strong Community

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.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

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