2245 Lamar Ave
Memphis, TN 38114 Southeast Memphis

Retail For Lease | Former Dollar General / Family Dollar | ±9,000 SF

2245 Lamar Ave | Memphis, TN
Lease Rate: (Approx. $8.00 PSF)

Property Overview

Freestanding ±9,000 SF retail building available for lease in a high-traffic Memphis retail corridor. This second-generation dollar store box offers a highly functional layout with open retail floor plan, rear storage, and dedicated delivery access, making it ideal for retail, discount, service, or community-oriented users.

The property sits on approximately 0.92 acres and includes ample on-site parking, strong signage visibility, and easy customer access from Lamar Avenue.

Location & Traffic Exposure

Located along Lamar Avenue, one of Memphis’ primary commercial corridors, the site benefits from strong daily traffic counts and dense surrounding population.

• Lamar Ave: ±28,619 Vehicles Per Day
• Nearby Airways Blvd: ±25,000+ Vehicles Per Day
• Dense urban trade area with residential + workforce demand
• Downtown / Midtown Memphis submarket access

Surrounding Retail & Demand Drivers

The immediate trade area includes strong national retail and QSR co-tenancy, supporting consistent consumer traffic.

Nearby retailers include:
McDonald’s
Walgreens
Burger King
Popeyes
KFC
Cricket Wireless

The location serves the Orange Mound community and surrounding urban neighborhoods, creating strong demand for convenience retail, services, and value-focused concepts.

Building Features

• ±10,100 SF Freestanding Retail Building
• Built 2011 – Modern Construction
• Former Dollar General / Family Dollar Layout
• Open Sales Floor Configuration
• Rear Storage + Delivery Access
• Large Lot (±0.92 Acres)
• Ample Parking Field
• High Visibility Signage Opportunity

Ideal Tenant Uses

This property is well suited for:

• Discount / Value Retail
• Grocery / Specialty Food
• Convenience or Dollar Concepts
• Medical / Urgent Care
• Fitness / Wellness
• Education / Training
• Community Services
• Showroom or Service Retail

Market Positioning

Former dollar store locations historically perform well for value, convenience, and necessity-based retail. These buildings are designed for high-volume customer flow, efficient stocking, and easy conversion to similar retail or service uses.

The surrounding trade area supports strong daily consumer activity driven by residential density, commuter traffic, and workforce population.

Lease Opportunity

Ownership is seeking qualified tenants for immediate occupancy. The property offers strong value positioning for tenants looking to enter a high-traffic retail corridor at a competitive lease rate.

NN or NNN lease structures considered.

• Date available: Now
• Lease term: 10 Years
• Service type: Double Net
• Space Type: Relet