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    Drug Store

    Memphis, TN Drug Stores for Sale

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    Southaven, MS Olive Branch, MS Horn Lake, MS Walls, MS Nesbit, MS Piperton, TN Lake Cormorant, MS Jackson, MS
    6 properties
    Memphis Retail Building with Drive-Thru
    Updated: Feb 27
    Memphis Retail Building with Drive-Thru

    3500 Ramill Rd, Memphis, TN 38128

    Contact for pricing
    11,122 sqft 1.84 AC lot
    High‑traffic location at a signalized hard‑corner intersection (46,000+ vehicles per day)
    Below‑replacement cost price of $900,000
    11,122 SF free‑standing retail building on 1.84 acres with redevelopment potential
    Rare drive‑thru feature, suitable for various tenants
    Flexible conversion options: multi‑tenant, owner‑user, or single‑tenant
    View details
    Walgreens NNN Ground Lease
    Updated: Jun 16
    Walgreens NNN Ground Lease

    1863 UNION AVE, Memphis, TN 38104

    Contact for pricing
    13,963 sqft 2.29 AC lot
    13,963 SF Walgreens on a 2.29‑acre parcel at 1863 Union Avenue, Memphis, TN
    Corporate‑guaranteed NNN ground lease with approximately 49 years remaining through September 2074
    Walgreens (tenant) responsible for all property expenses, maintenance, repairs, taxes, and insurance
    Year built: 1995
    Offered at $5,158,000 with a 6.00% capitalization rate
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    Memphis Walgreens Investment Opportunity
    Memphis Walgreens Investment Opportunity

    3515 Park Ave, Memphis, TN 38111

    Contact for pricing
    15,435 sqft

    Walgreens property for sale with long-term lease and rental increases.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Walgreens Absolute Net Lease
    Walgreens Absolute Net Lease

    1359 Poplar Avenue, Memphis, TN 38104

    Contact for pricing

    Walgreens property on an absolute net lease with eight years remaining and multiple renewal options.

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    Former Walgreens on Summer Avenue
    Former Walgreens on Summer Avenue

    3502 Summer Ave, Memphis, TN 38122

    Contact for pricing
    14,392 sqft 1.88 AC lot

    Former Walgreens available on Summer Avenue in Memphis, Tennessee.

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    Free-Standing Pharmacy Ground Lease
    Free-Standing Pharmacy Ground Lease

    6116 Quince Rd, Memphis, TN 38119

    Contact for pricing

    Free-standing CVS Pharmacy on a 25-year ground lease with CVS Caremark and no landlord responsibilities for the term.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Drive-Through Retail and Office Building
    Drive-Through Retail and Office Building

    1112 W 7th st, Hopkinsville, KY 42240

    $995,000
    4,697 sqft 1.21 AC lot

    Flexible retail and office layout with strong drive-thru functionality, ready for medical, financial, or service uses.

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    Former Pharmacy Retail Storefront
    Former Pharmacy Retail Storefront

    409 Court Street, Wickliffe, KY 42087

    $149,000
    3,400 sqft 0.16 AC lot

    Former pharmacy space with shelving that can stay or be removed, located across from FCB Bank and near the courthouse.

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    Pharmacy Retail Building
    Pharmacy Retail Building

    409 Court St, Wickliffe, KY 42087

    $149,000
    3,400 sqft

    Former pharmacy property with shelving available and direct positioning across from a courthouse and FCB Bank.

    View details
    Multi-Use Retail/Office with Drive-Thru
    Multi-Use Retail/Office with Drive-Thru

    1112 W 7th St, Hopkinsville, KY 42240

    Contact for pricing
    4,697 sqft

    Flexible front-and-rear layout with drive-thru service capability and ample on-site parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Office/Commercial Land with Building
    Office/Commercial Land with Building

    4900 CUBA-MILLINGTON Rd, Millington, TN 38053

    $340,000

    Commercial land with an existing rented building and O zoning supporting office and service-oriented uses.

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    Commercial Development Land with Road Frontage
    Commercial Development Land with Road Frontage

    493 S HWY 51 S lot: /9, Ripley, TN 38063

    $175,000
    2.61 AC lot

    For-sale commercial land offering approximately 133 feet of road frontage on Hwy 51 and 2.61 acres+/-.

    View details
    Commercial Land For Sale
    Commercial Land For Sale

    16912 Cantrell Rd, Little Rock, AR 72223

    $2,200,000

    Commercial land available for sale on Cantrell Road.

    View details
    Commercial Land with Highway 69 Frontage
    Commercial Land with Highway 69 Frontage

    EXIT 299 S AL-69, Dodge City, AL 35077

    $495,000
    2.00 AC lot

    Commercial land near a major interstate exit offers substantial road frontage for retail, office, or service concepts.

    View details

    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
    Individual retail properties

    5247 Airways Blvd, Memphis, TN 38116

    Value Estimation by Request
    49,287 sqft
    View details

    Memphis, TN Drug Stores Market Trends and Statistics

    Explore 7 drug stores for sale in Memphis, TN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 54,912 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 154
    Storefront properties 96
    Automotive properties 31
    Auto shops 19
    Showrooms 12

    Demographics Overview

    Population 718K
    Population Growth (5Y) -3.1%
    Median Household Income $61,271
    College Educated 18.4%

    Taxes & Financing

    Tax Rate (average for all types) 5.80%
    Property Tax per SF $85.96 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Shelby County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Shelby County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Memphis fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Memphis, TN

    • 38104
    • 38111
    • 38119
    • 38122
    • 38128

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