Net-Leased Family Dollar
6415 E Raines Rd Memphis, TN 38115
6415 E Raines Rd, Memphis, TN, 38115
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For Sale
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Net lease structure with a Family Dollar corporate guarantee and long-term tenancy.
Days on Market103
Property Features for 6415 E Raines Rd
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Palomar Real Estate Group
Listed by
David Rivers · License #GA 311935
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 4:17PM Checked: Jul 22 at 4:17PM
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
Location Intelligence
Current Use by Public Records
Family Dollar
Discount Store
Similar For Sale Nearby
FAQs
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.
