Memphis, TN Grocery And Convenience Stores for Sale

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Updated: Jan 28

Family Dollar NNN Investment Opportunity

4194 Hickory Hill Rd, Memphis, TN 38141

$1,399,694

9,373 sqft

Corporate Family Dollar tenant
Absolute NNN Lease provides a hands‑off investment
Built in 2015

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This listing looks promising.

Here's a quick look at some key insights for

4194 Hickory Hill Rd, Memphis, TN 38141

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Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$113K
Annual
Mortgage

$11.44M
May 2017
Last Sold

Nov 2016
$1.4M
Property Type

Retail Stores
Built 2016

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Updated: Sep 25, 2024

Former Grocery Store For Sale

2877 Lamar Ave, Memphis, TN

Contact for pricing

16,706 sqft 2.45 AC lot

High Traffic Counts: 25,763 VPD on Lamar Ave
Large Building Size: 16,706 SF
Ample Land: 2.5 Acres
Built in 2007
Former Grocery Store

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Memphis, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

Turnkey Convenience Restaurant With Drive-Through

500 S WASHINGTON St, Ripley, TN 38063

$1,375,000

Turnkey commercial kitchen and retail space with a 9-door cooler and drive-through window for added customer convenience.

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Retail Store in Gates, TN

10149 2nd Street, Gates, TN 38037

$275,000

2,075 sqft

Remodeled retail property, the only liquor store in Gates.

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Remodeled Liquor Store in Gates

10149 2nd Street, Gates, TN 38037

$275,000

2,075 sqft

Newly remodeled liquor store for sale, the only one in Gates.

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Ripley Gas Station Investment Opportunity

238 Washington St, Ripley, TN 38063

$1,300,000

2,314 sqft

Renovated gas station and convenience store in Ripley, Tennessee.

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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.

Arlington Land For Sale

11819 US 70 Hwy, Arlington, TN 38002

$283,573

1.86 AC lot

1.86 acre parcel zoned for shopping center use.

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Arlington Land on Highway 70

11850 US 70 Hwy, Arlington, TN 38002

$155,200

0.95 AC lot

0.95 acre lot zoned for shopping center use.

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Zoned Commercial Land Tract

5900 Hwy 305, Coldwater, MS 38618

$430,000

2.00 AC lot

Mostly cleared 2-acre tract with existing post office parcel and infrastructure, located on heavily traveled Hwy 305.

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Commercial Land Near Ford Plant

222 Hwy, Stanton, TN 38069

$875,000

1.24 AC lot

1.24 acres of commercial land in Stanton, Tennessee.

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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.

CONVENIENCE STORE

4835 Winchester Rd, Memphis, TN 38118-5484

Value Estimation by Request

3,602 sqft 0.76 AC lot

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CONVENIENCE STORE

4355 3rd St, Memphis, TN 38109-5269

Value Estimation by Request

1,682 sqft 0.56 AC lot

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CONVENIENCE STORE

5856 Summer Ave, Memphis, TN 38134-6720

Value Estimation by Request

3,468 sqft 0.69 AC lot

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CONVENIENCE STORE

7804 Us Hwy 70, Bartlett, TN 38133-2082

Value Estimation by Request

2,400 sqft 0.74 AC lot

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CONVENIENCE STORE

1220 Getwell Rd, Memphis, TN 38111-7316

Value Estimation by Request

1,603 sqft 0.33 AC lot

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CONVENIENCE STORE

6224 Macon Rd, Memphis, TN 38134-7534

Value Estimation by Request

2,400 sqft 0.69 AC lot

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CONVENIENCE STORE

3985 Summer Ave, Memphis, TN 38122-5226

Value Estimation by Request

3,379 sqft 1.74 AC lot

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CONVENIENCE STORE

2196 3rd St, Memphis, TN 38109-7710

Value Estimation by Request

3,800 sqft 0.43 AC lot

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CONVENIENCE STORE

6565 Mt Moriah Rd Ext, Memphis, TN 38115-8602

Value Estimation by Request

880 sqft 0.92 AC lot

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CONVENIENCE STORE

6133 Macon Rd, Memphis, TN 38134-7540

Value Estimation by Request

1,715 sqft 1.16 AC lot

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CONVENIENCE STORE

2114 Covington Pike, Memphis, TN 38128-6907

Value Estimation by Request

1,836 sqft 0.84 AC lot

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CONVENIENCE STORE

2772 Lamar Ave, Memphis, TN 38114-4316

Value Estimation by Request

1,624 sqft 0.54 AC lot

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CONVENIENCE STORE

9423 Poplar Ave, Germantown, TN 38138-8003

Value Estimation by Request

2,091 sqft 1.08 AC lot

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CONVENIENCE STORE

4860 Getwell Rd, Memphis, TN 38118-7702

Value Estimation by Request

4,660 sqft 1.35 AC lot

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CONVENIENCE STORE

5984 Stage Rd, Bartlett, TN 38134-8312

Value Estimation by Request

4,125 sqft 0.88 AC lot

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CONVENIENCE STORE

4775 Horn Lk Rd, Memphis, TN 38109-6663

Value Estimation by Request

2,412 sqft 0.27 AC lot

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CONVENIENCE STORE

1974 Whitten Rd, Memphis, TN 38133-7074

Value Estimation by Request

4,126 sqft 0.90 AC lot

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CONVENIENCE STORE

1923 Poplar Ave, Memphis, TN 38104-2654

Value Estimation by Request

2,680 sqft 0.34 AC lot

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CONVENIENCE STORE

8535 Us Hwy 64, Bartlett, TN 38133-4111

$3,280,000

Estimated value

6,006 sqft 1.31 AC lot

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GROCERY, SUPERMARKET

4600 Millbranch Rd, Memphis, TN 38116-7438

Value Estimation by Request

33,164 sqft 2.93 AC lot

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CONVENIENCE STORE

3569 Hickory Hl Rd, Memphis, TN 38115-3817

Value Estimation by Request

4,827 sqft 0.67 AC lot

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CONVENIENCE STORE

5295 Winchester Rd, Memphis, TN 38118-5580

Value Estimation by Request

920 sqft 0.30 AC lot

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Memphis, TN Grocery And Convenience Stores Market Trends and Statistics

Explore 72 grocery and convenience stores for sale in Memphis, TN on our real estate platform. These investment opportunities span a total of 9,373 square feet of properties for sale, with an estimated market value of $1,399,694.

Sale prices for supermarkets in Memphis, TN start at $1,399,694, averaging $1,399,694, and reaching up to $1,399,694 — 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

Demographics Overview

Population 718K

Population Growth (5Y) -3.1%

Median Household Income $61,271

College Educated 18.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
38141	$1.4M

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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Memphis, TN Grocery And Convenience Stores for Sale

4194 Hickory Hill Rd, Memphis, TN 38141

2877 Lamar Ave, Memphis, TN

Opportunities in Nearby Cities

500 S WASHINGTON St, Ripley, TN 38063

10149 2nd Street, Gates, TN 38037

10149 2nd Street, Gates, TN 38037

238 Washington St, Ripley, TN 38063

Potential Development Sites for Consideration

11819 US 70 Hwy, Arlington, TN 38002

11850 US 70 Hwy, Arlington, TN 38002

5900 Hwy 305, Coldwater, MS 38618

222 Hwy, Stanton, TN 38069

Off-Market Properties in Memphis, TN

4835 Winchester Rd, Memphis, TN 38118-5484

4355 3rd St, Memphis, TN 38109-5269

5856 Summer Ave, Memphis, TN 38134-6720

7804 Us Hwy 70, Bartlett, TN 38133-2082

1220 Getwell Rd, Memphis, TN 38111-7316

6224 Macon Rd, Memphis, TN 38134-7534

3985 Summer Ave, Memphis, TN 38122-5226

2196 3rd St, Memphis, TN 38109-7710

6565 Mt Moriah Rd Ext, Memphis, TN 38115-8602

6133 Macon Rd, Memphis, TN 38134-7540

2114 Covington Pike, Memphis, TN 38128-6907

2772 Lamar Ave, Memphis, TN 38114-4316

9423 Poplar Ave, Germantown, TN 38138-8003

4860 Getwell Rd, Memphis, TN 38118-7702

5984 Stage Rd, Bartlett, TN 38134-8312

4775 Horn Lk Rd, Memphis, TN 38109-6663

1974 Whitten Rd, Memphis, TN 38133-7074

1923 Poplar Ave, Memphis, TN 38104-2654

8535 Us Hwy 64, Bartlett, TN 38133-4111

4600 Millbranch Rd, Memphis, TN 38116-7438

3569 Hickory Hl Rd, Memphis, TN 38115-3817

5295 Winchester Rd, Memphis, TN 38118-5580

Memphis, TN Grocery And Convenience Stores Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

Property Size Breakdown

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