Former Dollar General | Auction Sale

Former Dollar General | Auction Sale

5226 S Third Street
Memphis, TN

Price: Starting Bid: $20,000
Cap: N/A
NOI: N/A
Building Size: 9,016 SF
Lot Size: 1.265 AC

Investment Highlights

OVERVIEW
▶ This freestanding, 9,016 SF retail building—formerly Dollar General—is located at 5226 S Third St in Memphis, TN (Shelby County) on a 1.265-acre parcel.
▶ Delivered vacant at sale, the property offers investors or owner-users immediate flexibility for re-tenanting, adaptive reuse, or redevelopment.
▶ CMU-3 zoning, a clean Phase I, and 30 on-site parking spaces support a wide range of neighborhood-serving retail or service uses.
▶ With prominent frontage along S Third St and exposure to ±12,820 vehicles per day, the site benefits from strong visibility and convenient access.

INVESTMENT HIGHLIGHTS
▶ 9,016 square foot former Dollar General with 30 parking spaces located on 1.26 Acres
▶ The subject property has excellent visibility from the intersection of Highway 61 (12,820 VPD) & W Holmes Rd (3,138 VPD)
▶ Positioned 5 miles from a retail corridor with national retailers including Walmart, Kroger, ALDI, and Southland Mall.
▶ 6 Miles from Graceland, the former home of Elvis Presley, which attracts over 600,000 visitors annually.

MEMPHIS | 2ND MOST POPULOUS CITY IN TN
▶ Memphis is the second most populous city in the State of TN with a population of 650,618 and an MSA population of 1,348,260.
▶ The largest employer in Memphis is the multinational courier corporation FedEx, which maintains its global air hub at Memphis International Airport, making it the second-busiest cargo airport in the world.
▶ Located on the Mississippi River and intersected by five major freight railroads and two Interstate Highways, I-40 and I-55, Memphis is ideally located for commerce in the transportation and shipping industry.
▶ Founded in 1979 and based in Memphis, AutoZone is the largest aftermarket automotive parts store in America with 6,300 stores across the U.S, Mexico, and Brazil.

DOCUMENTS
Don McMinn
Andrew Koriwchak
OFFERING MEMORANDUM

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