Drug Store

Troy, TN Drug Stores for Sale

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Union City, TN Obion, TN Hornbeak, TN Rives, TN Kenton, TN Newbern, TN Martin, TN Hickman, KY
New Family Dollar Store Investment
Updated: Nov 25, 2025
New Family Dollar Store Investment

511 S Frazier St, Troy, TN 38260

$1,471,300
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.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Troy, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Walgreens NNN Ground Lease
Walgreens NNN Ground Lease

1863 Union Ave, Memphis, TN 38104

$4,760,000
13,963 sqft 2.29 AC lot

Corporate-guaranteed NNN ground lease with approximately 49 years remaining through 2074.

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Brick Storefront Property
Brick Storefront Property

451 Court St, Wickliffe, KY 42087

$175,000
1,520 sqft

Built in 2011, the property offers a retail-oriented building with prior pharmacy use across from 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.

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Memphis Retail Building with Drive-Thru
Memphis Retail Building with Drive-Thru

3500 Ramill Rd, Memphis, TN 38128

Contact for pricing
11,122 sqft 1.84 AC lot

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

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Troy, TN Drug Stores Market Trends and Statistics

Explore 1 drug stores for sale in Troy, TN on our real estate platform.

Sale prices for pharmacies in Troy, TN average $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

Listings Trend

New vs delisted commercial listings in Obion County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Retail pricing trends in Obion County

Retail

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