Dollar Tree — Sale in Memphis, TN
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Memphis, TN 38104
Photos


Investment Figures
- Cap rate
- 8.01%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
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. Investment Highlights: • High-Performing Location (Placer.ai) – The store ranks in the top 85% of Dollar Tree locations in Tennessee • Strategic Memphis Location – Located within a dense infill market in Memphis, a major regional hub with strong population fundamentals and consistent demand for discount retail • Corporate Guarantee (NASDAQ: DLTR) – Dollar Tree is a publicly traded company, with the lease being corporately guaranteed
Market Context
This retail in Memphis, TN is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Memphis, TN — view the full market.
Contact
- Jake Nowak · (314) 889-2565 · jake.nowak@marcusmillichap.com
- Robby Pfeiffer · (678) 808-2770 · robert.pfeiffer@marcusmillichap.com
- Jody Mckibben · (615) 997-2800
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