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4240 Hickory Hill Rd
Memphis, TN 38141
DOLLAR GENERAL · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • ZERO Landlord Obligations — the tenant is on an Absolute NNN lease allowing for a truly passive investment
  • Fee Simple ownership
  • Dense Population – There are more than 186,688 people in a 5-mile radius
  • Long-Term Lease: ±15 years remaining with three, 5-year options to renew the lease
  • Memphis Metropolitan Statistical Area – Memphis is the 2nd largest city in Tennessee and the largest city on the Mississippi River.
  • Dense residential area – 71,690 households in a 5-mile radius

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
14,946 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
5.20 AC
Zoning
RML
Parking
100 Spaces (6.69 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-3406-E0-0011
Land Assessment
$134,320
Improvements Assessment
$230,400
Total Assessment
$364,720
  • Listing ID: 31194734

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 4240 Hickory Hill Rd, Memphis, TN 38141

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