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Dollar General 2704 Frayser Blvd 9,207 SF Retail Building Memphis, TN 38127 $750,000 ($81.46/SF)
Executive Summary
Dollar General operates more than 19,000 stores across the United States and continues to expand with additional ground-up developments. The company’s ongoing investments in new Distribution Centers and its growing “DG Market” format reflect a strategic push toward greater operational efficiency and broader product offerings.
Corporate Strength & Stability
As a publicly traded Fortune 500 company, Dollar General has a long-standing track record of strong financial performance. The brand is considered highly resilient—even in economic downturns—due to its value-oriented model, often described as the small-town equivalent of a Walmart.
Demonstrated Sales Growth
The company continues to show healthy retail performance, reporting same-store sales increases of over 4% year-over-year along with a more than 10% rise in net sales. These metrics underscore Dollar General’s ongoing commitment to opening and operating successful locations.
Long-Term Profitability Outlook
With its expanding distribution network, reduced logistics costs, and increased average basket size per customer, Dollar General is well-positioned for sustained profitability and operational efficiency throughout its national footprint.
Investing in Dollar General real estate offers dependable returns with room for growth. Roughly 70% of their stores operate successfully in smaller communities with fewer than 20,000 residents, where competition from big-box retailers is minimal.
Most Dollar General leases are structured as absolute triple-net (NNN) agreements spanning 15 years, providing investors with predictable, low-maintenance income. In comparison, Dollar Tree and Family Dollar locations typically feature double-net (NN) leases with 10-year terms.
This property represents a value-add retail investment with
strong upside potential due to its location,
traffic exposure, and discounted acquisition cost.
The key to unlocking value will be securing a tenant or
repositioning the property for alternative use.
Prime location with strong traffic and retail synergy
Large lot size with flexible redevelopment options
Heavy traffic flow supports retail viability.
Surrounded by national chains, indicating strong consumer
demand.
Industrial adjacency (Nike & Amazon hub) adds work force-driven retail demand.
Surrounding Retail: Kroger, Walgreens, McDonald’s, Family Dollar,
Subway, Cricket, Advance Auto Parts
Proximity: 1 mile from Amazon & Nike’s 2.8M sq. ft. distribution
hubs
Value-Add Potential:
Re-tenanting opportunity with national or local retailers
Potential conversion to alternative uses (community center, medical
office, storage, etc.)
Also available for lease at $6k monthly
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
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$9.99
-
Lorem Ipsum
-
Jan 0000
DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Vacant Value Add Building Owner willing to Sale or Lease Retail For Lease | Single Tenant Opportunity | ±9,000 SF Property Overview This ±9,000 square foot freestanding retail building presents a strong single-tenant leasing opportunity in a proven retail corridor with established national co-tenancy and high daily traffic counts. The site offers excellent visibility, convenient access, and a large lot footprint that supports multiple retail or service-based uses. Strategic Retail Location The property is positioned within an active retail trade area surrounded by national brands that drive consistent daily consumer traffic. Nearby retailers include Kroger, Walgreens, McDonald’s, Family Dollar, Subway, Cricket Wireless, and Advance Auto Parts, creating strong retail synergy and cross-shopping activity. Additionally, the site benefits from workforce demand generated by major nearby employment hubs, including Amazon and Nike distribution centers totaling approximately 2.8 million square feet within one mile of the property. Building & Site Advantages • Freestanding single-tenant retail building • ±9,000 SF flexible floor plan • Large lot with ample parking and access points • Strong visibility from primary traffic corridors • Excellent signage potential • Zoning supports a wide range of retail, service, medical, or specialty uses Ideal Uses This location is well suited for: • Discount or value retail • Grocery or specialty food concepts • Medical or urgent care users • Fitness or wellness concepts • Community service or education users • Specialty retail or showroom concepts Market Fundamentals The surrounding market supports consistent retail performance, particularly for value-oriented and convenience-driven retailers. The trade area benefits from a combination of residential density, commuter traffic, and workforce population tied to nearby logistics and distribution operations. Value & Flexibility The property presents an opportunity for tenants seeking: • High-visibility standalone retail presence • Entry into an established national retail corridor • Flexible build-out and repositioning potential • Long-term operational stability in a proven retail market Lease Structure Lease terms are flexible and can be structured to accommodate qualified tenants. The property is well suited for NN or NNN structures depending on tenant needs and build-out requirements.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 9,207 SF | Retail | - | Now |
1st Floor
| Size |
| 9,207 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 9,207 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Vacant Value Add Building Owner willing to Sale or Lease Retail For Lease | Single Tenant Opportunity | ±9,000 SF Property Overview This ±9,000 square foot freestanding retail building presents a strong single-tenant leasing opportunity in a proven retail corridor with established national co-tenancy and high daily traffic counts. The site offers excellent visibility, convenient access, and a large lot footprint that supports multiple retail or service-based uses. Strategic Retail Location The property is positioned within an active retail trade area surrounded by national brands that drive consistent daily consumer traffic. Nearby retailers include Kroger, Walgreens, McDonald’s, Family Dollar, Subway, Cricket Wireless, and Advance Auto Parts, creating strong retail synergy and cross-shopping activity. Additionally, the site benefits from workforce demand generated by major nearby employment hubs, including Amazon and Nike distribution centers totaling approximately 2.8 million square feet within one mile of the property. Building & Site Advantages • Freestanding single-tenant retail building • ±9,000 SF flexible floor plan • Large lot with ample parking and access points • Strong visibility from primary traffic corridors • Excellent signage potential • Zoning supports a wide range of retail, service, medical, or specialty uses Ideal Uses This location is well suited for: • Discount or value retail • Grocery or specialty food concepts • Medical or urgent care users • Fitness or wellness concepts • Community service or education users • Specialty retail or showroom concepts Market Fundamentals The surrounding market supports consistent retail performance, particularly for value-oriented and convenience-driven retailers. The trade area benefits from a combination of residential density, commuter traffic, and workforce population tied to nearby logistics and distribution operations. Value & Flexibility The property presents an opportunity for tenants seeking: • High-visibility standalone retail presence • Entry into an established national retail corridor • Flexible build-out and repositioning potential • Long-term operational stability in a proven retail market Lease Structure Lease terms are flexible and can be structured to accommodate qualified tenants. The property is well suited for NN or NNN structures depending on tenant needs and build-out requirements.
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-2104-0-0038 | Improvements Assessment | $426,560 |
| Land Assessment | $145,120 | Total Assessment | $571,680 |
Property Taxes
Presented by
Dollar General | 2704 Frayser Blvd
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