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3515 Ridgemont Ave
Memphis, TN 38128
Family Dollar · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Long-term tenancy with more than 18 years of operating history.
  • 10% rent increases at each 5-year option; next increase in 3.5 years.
  • 3.5 years remaining on current term.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
11.33 AC
Zoning
CL - Commercial
Parking
40 Spaces (4.36 Spaces per 1,000 SF Leased)
Frontage
290’ on New Allen Rd

AMENITIES

  • Bus Line
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-0057-0-0150
Land Assessment
$33,320
Improvements Assessment
$378,480
Total Assessment
$411,800
  • Listing ID: 26005861

  • Date on Market: 6/23/2022

  • Last Updated:

  • Address: 3515 Ridgemont Ave, Memphis, TN 38128

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