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1688 Jackson Ave
Memphis, TN 38107 Midtown Memphis

Price Upon Request

Department Store For Sale  •  8,400 SF

Property Details

  • Property Type Department Store
  • Total Building Size 8,400 SF
  • Lot Size 0.64 AC
  • Year Built 2012
  • Tenancy Single
  • Zoning CMU-1
30 Transit Score
50 Walk Score

Highlights

~6 Years Remaining on the Lease Term With Five (5) By 5-Year Option Periods
15% Increase at First Option With Rent Escalation to $157,663
The Subject Property Ranks Within the Top Third Most Visited Family Dollar Locations in the U.S. and Top Quarter in Tennessee (Placer.ai)
Excellent Location on the Hard Corner of a Signalized Intersection With 24,000+ VPD
Strong Demographics: 5-Mile Population With 224,403 Residents and 116,001 Daytime Employees
Ideal Average Household Income of $61,143 Within 3-Miles Positions Long-Term Success For Family Dollar

Major Tenants

Tenant SF Occupied Lease End Date
Family Dollar 8,400 SF 6/30/2029

Public Transportation

Commuter RailDriveWalkDistance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley)) 9 min - 4.7 mi
AirportDriveWalkDistance
Memphis International 15 min - 9.3 mi