$1,616,875 USD
214-972-6688
2711 Getwell Rd
Memphis, TN 38118
Parkway Village
HIGHLIGHTS
- High-Performing Location: 2024 Sales Exceed $2.3 Million, Reflecting Strong In-Store Performance and Tenant Viability
- Established Tenancy: Family Dollar Has Operated at This Location Since 2012 and Recently Signed a 5-Year Lease Extension
- Dense Urban Infill: Over 82,000 Residents Within a 3-Mile Radius, Making an Average Household Income of $56,270
- Excellent Visibility and Access: Prime Frontage on Getwell Road, With Traffic Counts of 49,882 Vehicles Per Day
- Proximate to Major Thoroughfares: Just Minutes From Interstate 240, a Key Memphis Artery
- Turnkey Condition: Well-Maintained Building and Parking Lot With No Deferred Maintenance
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,320 SF Family Dollar Located at 2711 Getwell Road in Memphis, TN. Family Dollar Recently Signed a 5-Year Extension, Showing Commitment to the Site. With 2024 Sales in Excess of $2.3M, This is a Great Opportunity to Acquire High Quality In-Fill Memphis Real Estate.
In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
FOR SALE DETAILS
PRICE
$1,616,875 USD
PRICE/SF
$194 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar - Memphis, TN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Storefront Retail/Office, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2012
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.83 AC
LAND SF
36,155 SF
ZONING
C-L
APN/PARCEL ID
07-3017-0-0529
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-972-6688
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
214-972-6688
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
