Investment Overview

Marcus & Millichap is pleased to present the Dollar Tree located at 1246 Lamar Avenue in Memphis, Tennessee. The subject property consists of an approximately 8,320-square-foot singletenant retail building situated on a ±0.86-acre parcel, offering ample parking and strong site functionality. Strategically positioned along Lamar Avenue, a primary commercial corridor in Memphis, the property benefits from excellent visibility and accessibility at a signalized intersection with consistent daily traffic. The asset is leased on a NN+ lease structure, providing investors with a passive income stream while limiting landlord responsibilities. Memphis is a major logistics and distribution hub in the Southeast, anchored by global employers and a dense population base. The surrounding area features strong demographics with a large and stable consumer base that supports consistent demand for necessity-based retail.