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    Troy, TN Drug Stores for Sale

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    Union City, TN Obion, TN Hornbeak, TN
    New Family Dollar Store Investment
    $1,471,300
    New Family Dollar Store Investment

    511 S Frazier St, Troy, TN 38260

    Recently built Family Dollar store with corporate guaranteed lease.
    • High Cap Rate: Priced at $1,471,300 with an attractive 8.1% cap rate.
    • Long‑Term Lease: 10‑year NN lease guaranteed by Family Dollar through January 31, 2034, with renewal options.
    • New Construction: Built in 2023, minimizing immediate capital expenditure concerns.
    • Strategic Corner Location: Situated on a ±1.11‑acre corner parcel with high visibility on U.S. Hwy 51 (11,510 VPD).
    • Recession‑Resilient Tenant: Family Dollar is a proven discount retailer.
    Updated: Nov 25, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Troy, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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
    $995,000
    4,697 SF
    Drive-Through Retail and Office Building

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

    1112 W 7th st, Hopkinsville, KY 42240

    View details
    Memphis Retail Building with Drive-Thru
    $900,000
    11,122 SF
    Memphis Retail Building with Drive-Thru

    11,122 SF retail building on 1.84 acres with drive-thru.

    3500 Ramill Rd, Memphis, TN 38128

    View details
    Multi-Use Retail/Office with Drive-Thru
    $995,000
    4,697 SF
    Multi-Use Retail/Office with Drive-Thru

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

    1112 W 7th St, Hopkinsville, KY 42240

    View details
    Former Walgreens on Summer Avenue
    $1,990,000
    14,392 SF
    Former Walgreens on Summer Avenue

    Former Walgreens available on Summer Avenue in Memphis, Tennessee.

    3502 Summer Ave, Memphis, TN 38122

    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.

    Commercial Development Land
    $175,000
    2.61 Acres
    Commercial Development Land

    Build-to-suit site with 133 feet of road frontage on Highway 51 North in Ripley, Tennessee.

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

    View details
    Commercial Land in Millington, TN
    $340,000
    Commercial Land in Millington, TN

    Commercial land for sale in Millington, Tennessee.

    4900 CUBA-MILLINGTON Rd, Millington, TN 38053

    View details
    Commercial Land with Road Frontage
    $565,000
    2.18 Acres
    Commercial Land with Road Frontage

    2.18-acre commercial parcel offering substantial road frontage for businesses seeking convenient public access in Madisonville.

    N Main St. lot: 1, 2, 3, Madisonville, KY 42431

    View details
    Commercial Land on Highway 72
    $850,000
    0.56 Acres
    Commercial Land on Highway 72

    Corner lot suitable for various commercial uses in Madison.

    8814 Highway 72, Madison, AL 35758

    View details

    Troy, TN Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Troy, TN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,471,300.

    Sale prices for pharmacies in Troy, TN start at $1,471,300, averaging $1,471,300, and reaching up to $1,471,300 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drug stores 1
    Grocery and convenience stores 1

    Demographics Overview

    Population 3,846
    Population Growth (5Y) +5.2%
    Median Household Income $49,336
    College Educated 21.3%

    High-Yield Neighborhoods for Investment

    Identify Troy submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    38260 $1.5M

    Total CRE Inventory on Market (SF)

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