3753 Riverdale RdMemphis, TN 38115
Dollar Tree | Memphis, TN |
New Construction | Build-To-Suit
Overview
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of a Dollar Tree in Memphis, TN.
The free-standing building, which was completed in 2024, is leased to Dollar Tree on a 10-year net lease that features (4) 5-Year options with 3% rental increases every option period. The building is approximately 10,000 SF and sits near the busy intersection of Riverdale Rd & Winchester Rd. The property is located in a major retail corridor in east Memphis
Investment Highlights
ATTRACTIVE LEASE TERMS
- Build-to-Suit Dollar Tree on a brand new 10-year net-lease with minimal landlord responsibilities
CORPORATE GUARANTEE
- The lease is corporately guaranteed by Dollar Tree; Investment grade credit (S&P: BBB)
NEIGHBORING RETAIL TENANTS
- Surrounded by national tenants such as; The Home Depot, Goodwill, Planet Fitness, Big Lots, Chick-fil-A, Waffle House, IHOP, Scooter’s Coffee and more
STRONG DEMOGRAPHICS
- Located in a densely populated middle-class area; 99,067 residents and an average household income of $86,920 within a 3-mile radius of the site
BRAND NEW CONSTRUCTION
- High quality 10,000 square foot single tenant retail building completed in 2024
Photo Gallery
3753 Riverdale RdMemphis, TN 38115
Sales Team
Listing provided by Revere CRE