Retail Business for Sale in Memphis, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Memphis, TN 38114

Description

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

Market Context

This retail in Memphis, TN is listed for sale. It is offered at an approximate 10.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Memphis, TN — <a href="/search/sale/retail/tennessee/memphis">view the full market</a>.

As of Q1 2026, the Memphis retail market showed a 4.2% vacancy rate, average asking rents near $25.56/SF/yr, and cap rates around 7.0%. Source: Consensus Q1 2026 market report.

Its 10.0% asking cap rate is above the Memphis retail market average of about 7.0%, implying a higher yield (and typically more risk or upside) than comparable assets. Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Memphis?
About 7.0% as of Q1 2026, per Consensus.
Is the Memphis retail market tightening or softening?
Vacancy is around 4.2% (Q1 2026).

Unified Estimate

Very Low Confidence

$49.96/SF – $67.59/SF

Mid: $58.78/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market chicago (similarity: 100%) with 10 comparable listings.

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