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Family Dollar

2920 Lamar Ave, Memphis, TN 38114

Listing Price: $1,177,000

Cap Rate
10.00%
Tenant Name
Family Dollar
Years Remaining On Lease
0.9
Guarantor
Corporate Guarantee
Rentable SF
9,180
Lease Type
Double Net
Rent Per Square Feet
$12.82

Investment Overview

Family Dollar operates thousands of neighborhood stores across the United States, providing customers with a broad assortment of everyday essentials at great value. The company serves millions of customers each week and is committed to delivering convenience, affordability, and exceptional service in communities across the country.

Now operating more than 8,000 stores nationwide, Family Dollar is once again an independent company, focused squarely on serving the needs of the customers across the country. With its rich legacy, community-first spirit, and a renewed sense of purpose, Family Dollar is committed to delivering everyday value and convenience for the communities it proudly serves.

Investment Highlights

  • STRONG 10% CAP RATE | JUST $1,177,000
  • LOCATED AT SIGNALIZED ENTRANCE TO SHOPPING CENTER
  • STRONG PERFORMING STORE PER PLACER.AI | TOP 20% IN THE COUNTRY
  • OUTPARCEL TO SHOPPING CENTER WITH NATIONAL TENANTS
  • FRONTAGE TO 30,000+ VEHICLES PER DAY
  • DENSE POPULATION OF 200,000+ IN 5-MILE RADIUS
  • JUST MINUTES FROM FEDEX WORLD HUB AND MEMPHIS INTERNATIONAL AIRPORT

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Jody McKibben

    Senior Managing Director, Market Leader - Mid-South

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Discount

Family Dollar

Listing Price: $1,177,000

Cap Rate
10.00%
Tenant Name
Family Dollar
Years Remaining On Lease
0.9
Guarantor
Corporate Guarantee
Rentable SF
9,180
Lease Type
Double Net
Rent Per Square Feet
$12.82

Investment Highlights

  • STRONG 10% CAP RATE | JUST $1,177,000
  • LOCATED AT SIGNALIZED ENTRANCE TO SHOPPING CENTER
  • STRONG PERFORMING STORE PER PLACER.AI | TOP 20% IN THE COUNTRY
  • OUTPARCEL TO SHOPPING CENTER WITH NATIONAL TENANTS
  • FRONTAGE TO 30,000+ VEHICLES PER DAY
  • DENSE POPULATION OF 200,000+ IN 5-MILE RADIUS
  • JUST MINUTES FROM FEDEX WORLD HUB AND MEMPHIS INTERNATIONAL AIRPORT

Investment Overview

Family Dollar operates thousands of neighborhood stores across the United States, providing customers with a broad assortment of everyday essentials at great value. The company serves millions of customers each week and is committed to delivering convenience, affordability, and exceptional service in communities across the country. Now operating more than 8,000 stores nationwide, Family Dollar is once again an independent company, focused squarely on serving the needs of the customers across the country. With its rich legacy, community-first spirit, and a renewed sense of purpose, Family Dollar is committed to delivering everyday value and convenience for the communities it proudly serves.

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Jody McKibben

    Senior Managing Director, Market Leader - Mid-South

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

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