Net-Leased Family Dollar
For Sale
Contact for pricing
6415 E Raines Rd, Memphis, TN 38115
Net lease structure with a Family Dollar corporate guarantee and long-term tenancy.
Property SizeContact for details
Days on Market124
Property Features for 6415 E Raines Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Palomar Real Estate Group
Listed By:
David Rivers · License #GA 311935
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 10:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Palomar Real Estate Group
Investment Insights
Based on property information with market context.
This net-leased retail property is offered with a structure that lists minimal landlord responsibilities, including roof and structure. The tenant is Family Dollar, supported by a corporate guarantee and long-term operating history of more than 17 years. The current term has approximately 2.5 years remaining, with 10% rent increases at each 5-year option, and the next increase scheduled in about 2.5 years.
The tenant is described as a recession-resistant national brand and operator with more than 8,000 stores nationwide, positioned as an essential retailer. This is a specialty net lease offering within the outlined category of NNN properties.
The agreement is presented as a long-term net lease investment with landlord responsibility limited to roof and structure, paired with an identified corporate guarantee and scheduled contractual rent step-ups.
The tenant is described as a recession-resistant national brand and operator with more than 8,000 stores nationwide, positioned as an essential retailer. This is a specialty net lease offering within the outlined category of NNN properties.
The agreement is presented as a long-term net lease investment with landlord responsibility limited to roof and structure, paired with an identified corporate guarantee and scheduled contractual rent step-ups.
Key Highlights
- Net lease structure with minimal landlord responsibilities (roof and structure).
- Family Dollar corporate guarantee supporting the tenant obligation.
- Long‑term tenancy with more than 17 years of operating history.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Home Improvements & Furnishings 14%
Exxon
Shops & Services
4,536 visits/mo
0.2 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
857 visits/mo
0.0 miles
American Tire Distributors
Shops & Services
824 visits/mo
0.3 miles
Demographics for 38115, TN
40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Net lease structure with a Family Dollar corporate guarantee and long-term tenancy.
Where is this retail space located?
The property is located at 6415 E Raines Rd Memphis, TN.
What are key features of this property?
This property features: Net lease structure with minimal landlord responsibilities (roof and structure).; Family Dollar corporate guarantee supporting the tenant obligation.; Long‑term tenancy with more than 17 years of operating history.
