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Family Dollar NNN Property
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1688 Jackson Avenue, Memphis, TN 38107

NNN retail property with approximately six years remaining on the lease term.

Property Size8,400 SF
Days on Market145

Property Features for 1688 Jackson Avenue

General Information

Standard status Active
Size 8,400 SF
Property subtype Retail
Listing Agency: Sands Investment Group Austin - Offenbecher
Listed By: Ethan Offenbecher · License #TX 642658
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:55PM

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 Sands Investment Group Austin - Offenbecher

Investment Insights

Based on property information with market context.

This NNN retail property contains 8,400 SF and is occupied by Family Dollar. The lease has ~6 years remaining, along with Five (5) By 5-Year Option Periods. These lease provisions define the remaining term and available renewal structure for the property.

The property is located at 1688 Jackson Avenue in Memphis, Tennessee 38107. Its established retail use and identified national tenant provide a clear profile for commercial real estate buyers evaluating an NNN asset.

Key Highlights

  • Family Dollar retail property totaling 8,400 SF
  • ~6 years remaining on the lease term
  • Five (5) By 5‑Year Option Periods

Property Analytics

Current Use

Family Dollar Discount Store Redbox Cinema

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

256
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
7,678 visits/mo 0.1 miles
BP Shops & Services
5,218 visits/mo 0.1 miles

Demographics for 38107, TN

15,655
Population
8,093
Households
1.9
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
2,899
Density / Sq Mi
$36,393
Median Household Income
$34,958
Median Earnings
$999
Median Rent
$128,600
Median Home Value

Market

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - NNN retail property with approximately six years remaining on the lease term.
Where is this nnn property located?
The property is located at 1688 Jackson Avenue Memphis, TN.
What are key features of this property?
This property features: Family Dollar retail property totaling 8,400 SF; ~6 years remaining on the lease term; Five (5) By 5‑Year Option Periods
More about this property
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