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Memphis, TN Drug Stores for Sale

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High-Yield Medical Portfolio
$27,136,000
49,287 SF

High-Yield Medical Portfolio

5247 Airways Blvd, Memphis, TN 38116

6-property portfolio, strong tenants.

  • Six medical office buildings totaling 49,287 square feet.
  • Portfolio features Walgreens, Fresenius, and DaVita on long‑term leases with rent increases.
  • Located across five states (TN, SC, KY, WI, PA) for geographic diversification.
  • 100% occupancy with a $1,421,769 NOI and a 5.24% cap rate.
  • $27,136,000 asking price ($550.57/SF).
Updated: Dec 11, 2024
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Former Walgreens Retail Space
$1,990,000
14,392 SF

Former Walgreens Retail Space

3502 Summer Ave, Memphis, TN 38122

Memphis, TN: 14,392 SF, $1.99M

  • High‑traffic drive‑thru building at Summer and Highland intersection.
  • Ample parking with 76 spaces.
  • Excellent visibility with 26,070 vehicles per day on Summer Ave.
  • Strong growth potential in an area with ongoing streetscape improvements.
Updated: Dec 11, 2024
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Memphis, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Walgreens Jackson, MS NNN Lease
$5,857,000
14,550 SF

Walgreens Jackson, MS NNN Lease

High-yield Walgreens investment; 10+ years remaining

310 Meadowbrook Rd, Jackson, MS 39206
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NNN Retail Investment Opportunity
$4,592,000
12 SF

NNN Retail Investment Opportunity

NNN leased investment opportunity with long-term passive income stream.

305 Meadowbrook Rd, Jackson, MS 39206
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Retail Property Near Saint Thomas
$5,410,000
14,820 SF

Retail Property Near Saint Thomas

NNN leased retail property with strong traffic and parking.

2708 New Salem Hwy, Murfreesboro, TN 37128
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Walgreens NNN Investment, Murfreesboro, TN
$5,410,000
14,820 SF

Walgreens NNN Investment, Murfreesboro, TN

High-yield, long-term Walgreens investment.

2708 New Salem Hwy, Murfreesboro, TN 37128
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Explore Off-Market Properties in Memphis, TN

Consider similar Off-Market properties in Memphis, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5247 Airways Blvd

5247 Airways Blvd

Individual retail properties • 49,287 SF
Value Estimation by Request
5247 Airways Blvd, Memphis, TN 38116
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Memphis, TN Drug Stores Investment Opportunities Market Analysis

Explore 3 drug stores for sale in Memphis, TN on our real estate platform. These investment opportunities span a total of 81,893 square feet of properties for sale, with an estimated market value of $1,990,000.

Prices for pharmacies in Memphis, TN start at $1,990,000, averaging $1,990,000, and reaching up to $1,990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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