2704 Frayser Blvd - Freestanding FOR SALE


Memphis, TN 38127- Frayser
$750,000 USD
901-881-2070
2704 Frayser Blvd, Memphis, TN for Sale
$750,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

2704 Frayser Blvd
Memphis, TN 38127
Frayser


OVERVIEW

Vacant Value Add Building Owner willing to Sale or Lease (Lease for $6000.00 per month 8 dollars a Square Foot) Dollar General operates more than 19,000 stores across the United States and continues to expand with additional ground-up developments. The company’s ongoing investments in new Distribution Centers and its growing “DG Market” format reflect a strategic push toward greater operational efficiency and broader product offerings. Corporate Strength & Stability As a publicly traded Fortune 500 company, Dollar General has a long-standing track record of strong financial performance. The brand is considered highly resilient—even in economic downturns—due to its value-oriented model, often described as the small-town equivalent of a Walmart. Demonstrated Sales Growth The company continues to show healthy retail performance, reporting same-store sales increases of over 4% year-over-year along with a more than 10% rise in net sales. These metrics underscore Dollar General’s ongoing commitment to opening and operating successful locations. Long-Term Profitability Outlook With its expanding distribution network, reduced logistics costs, and increased average basket size per customer, Dollar General is well-positioned for sustained profitability and operational efficiency throughout its national footprint. Investing in Dollar General real estate offers dependable returns with room for growth. Roughly 70% of their stores operate successfully in smaller communities with fewer than 20,000 residents, where competition from big-box retailers is minimal. Most Dollar General leases are structured as absolute triple-net (NNN) agreements spanning 15 years, providing investors with predictable, low-maintenance income. In comparison, Dollar Tree and Family Dollar locations typically feature double-net (NN) leases with 10-year terms. This property represents a value-add retail investment with strong upside potential due to its location, traffic exposure, and discounted acquisition cost. The key to unlocking value will be securing a tenant or repositioning the property for alternative use. Prime location with strong traffic and retail synergy Large lot size with flexible redevelopment options Heavy traffic flow supports retail viability. Surrounded by national chains, indicating strong consumer demand. Industrial adjacency (Nike & Amazon hub) adds work force-driven retail demand. Surrounding Retail: Kroger, Walgreens, McDonald’s, Family Dollar, Subway, Cricket, Advance Auto Parts Proximity: 1 mile from Amazon & Nike’s 2.8M sq. ft. distribution hubs Value-Add Potential: Re-tenanting opportunity with national or local retailers Potential conversion to alternative uses (community center, medical office, storage, etc.) Also available for lease at $6k monthly

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

CMU-1

APN/PARCEL ID

07-2104-0-0038

ASK ABOUT THIS PROPERTY

Curtis Braden, CCIMBraden, Braden & Braden LLCMore Info
901-881-2070

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Curtis Braden, CCIMBraden, Braden & Braden LLCMore Info
901-881-2070

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.