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    Shelby County, TN NNN Properties for Sale

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    31 properties
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    Dollar Tree NNN Retail Property
    Updated: Aug 16
    Dollar Tree NNN Retail Property

    1246 Lamar Ave, Memphis, TN 38104

    $1,193,000
    8,320 sqft 0.86 AC lot
    Dollar Tree occupies an approximately 8,320‑square‑foot single‑tenant retail building
    ±0.86‑acre parcel with ample parking
    NN+ lease structure limits landlord responsibilities
    Signalized intersection along Lamar Avenue
    8.01% cap rate
    View details
    Four-Tenant NNN Retail Center
    Updated: Aug 19
    Four-Tenant NNN Retail Center

    2094 Frayser Blvd, Memphis, TN 38127

    $524,285
    2,950 sqft
    2,950 SF retail strip center
    100% occupied with 4 tenants
    NNN lease structure
    Located at Frayser Blvd and Overton Crossing
    Built in 1954
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    Drive-Thru Coffee Kiosk NNN
    Drive-Thru Coffee Kiosk NNN

    1698 Poplar Ave, Memphis, TN 38112

    $1,805,000
    806 sqft 0.30 AC lot

    Single-tenant NNN drive-thru kiosk leased to Scooter’s Coffee on a hard-corner signalized site with convenient ingress/egress.

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    See what stands out in Shelby County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Absolute NNN Wendy’s Restaurant
    Absolute NNN Wendy’s Restaurant

    6781 E Shelby Dr, Memphis, TN 38141

    $2,172,276
    2,646 sqft

    Absolute NNN Wendy’s investment offered with approximately 13 years remaining and a tenant-guaranteed lease structure.

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    NNN Ground Lease Outparcel
    NNN Ground Lease Outparcel

    3551 Austin Peay Hwy, Memphis, TN 38128

    $2,098,000
    0.93 AC lot

    Corporate lease terms place maintenance and property expenses outside the landlord’s responsibilities.

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    Dutch Bros Drive-Through NNN Property
    Dutch Bros Drive-Through NNN Property

    3495 Austin Peay Highway, Memphis, TN 38128

    Contact for pricing
    1,025 sqft

    Newly built coffee drive-through with an absolute NNN lease and corporate guaranty.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    NNN Drive-Through Property
    NNN Drive-Through Property

    749 South Highland Street, Memphis, TN 38111

    Contact for pricing
    2,711 sqft 0.65 AC lot

    Wendy’s-branded restaurant property carries a long-term triple-net lease structure with scheduled annual increases.

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    Whistle Express NNN Investment
    Whistle Express NNN Investment

    5130 Copper Creek Blvd, Millington, TN 38053

    Contact for pricing
    4,753 sqft 1.37 AC lot

    NNN leased Whistle Express car wash investment property.

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    Freestanding KFC Drive-Through Restaurant
    Freestanding KFC Drive-Through Restaurant

    3255 AUSTIN PEAY HWY, Memphis, TN 38128

    Contact for pricing
    2,312 sqft 1.20 AC lot

    Freestanding quick-service restaurant with drive-through service and an absolute NNN lease structure.

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    Walgreens NNN Ground Lease
    Walgreens NNN Ground Lease

    1863 UNION AVE, Memphis, TN 38104

    Contact for pricing
    13,963 sqft 2.29 AC lot

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

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    Single-Tenant Manufacturing Property
    Single-Tenant Manufacturing Property

    280 E Mallory Ave, Memphis, TN 38109

    Contact for pricing
    28,000 sqft

    NNN lease includes renewal options and assigns taxes, insurance, and operating expenses to the tenant.

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    7 Brew Absolute NNN Ground Lease
    7 Brew Absolute NNN Ground Lease

    5879 Stage Rd, Bartlett, TN 38134

    Contact for pricing
    525 sqft

    Brand-new construction supports a proposed 15-year absolute NNN lease structure with tenant-paid property obligations.

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    NNN Ground Lease Parcel
    NNN Ground Lease Parcel

    4615 S Houston Levee Rd, Collierville, TN 38017

    $2,250,000

    Absolute net ground lease parcel at the entrance to Carriage Crossing outdoor life center.

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    Freestanding Chase Bank Net Lease
    Freestanding Chase Bank Net Lease

    4910 Raleigh Common Dr, Memphis, TN 38128

    Contact for pricing
    3,000 sqft

    Net leased Chase Bank in revitalized Raleigh commercial corridor.

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    Take 5 NNN Auto Service Property
    Take 5 NNN Auto Service Property

    731 N Germantown Pkwy, Memphis, TN 38018

    Contact for pricing
    1,600 sqft

    2019 construction supports a single-tenant automotive use along Germantown Parkway in the Wolfchase Trade Area.

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    Walgreens Drug Store Leasehold
    Walgreens Drug Store Leasehold

    4625 Summer Ave, Memphis, TN 38122

    Contact for pricing
    16,060 sqft 0.67 AC lot

    Fee-simple land interest accompanies a Walgreens building subject to a ground lease.

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    Park Avenue Restaurant Ground Lease
    Park Avenue Restaurant Ground Lease

    5091 Park Ave, Memphis, TN 38117

    Contact for pricing
    899 sqft

    Fully leased Back Yard Burgers on Park Avenue for sale.

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    Large-Format Retail Space
    Large-Format Retail Space

    1300 E Shelby Dr, Memphis, TN 38116

    Contact for pricing
    147,900 sqft

    Substantial retail area on E Shelby Drive near Starbucks, Kroger, Regions, AutoZone, Walgreens, and IHOP.

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    Industrial Property with Absolute NNN Lease
    Industrial Property with Absolute NNN Lease

    1833 Titus Rd, Memphis, TN 38111

    Contact for pricing
    47,412 sqft

    Sale-leaseback structure with an absolute NNN lease and CMU-3 zoning.

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    Drive-Thru Starbucks Investment Property
    Drive-Thru Starbucks Investment Property

    1420 Union Ave, Memphis, TN 38104

    Contact for pricing

    Freestanding drive-thru Starbucks is offered with an NNN structure and a corporate lease in place.

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    Corporate-Leased NNN Retail Property
    Corporate-Leased NNN Retail Property

    3689 S Houston Levee Rd, Collierville, TN 38017

    Contact for pricing

    Signalized corner location beside a major power center with national retail anchors.

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    Corporate-Leased NNN Property
    Corporate-Leased NNN Property

    7856 US-51, Millington, TN 38053

    Contact for pricing

    Recently renovated to Krystal’s current prototype design.

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    Two-Tenant NNN Investment Property
    Two-Tenant NNN Investment Property

    7945 Winchester Rd, Memphis, TN 38125

    Contact for pricing

    Corporate-backed leases support a low-maintenance ownership structure with scheduled increases and extended term options.

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    Checkers Drive-Through Restaurant
    Checkers Drive-Through Restaurant

    7938 Winchester Road, Memphis, TN 38125

    Contact for pricing

    Branded quick-service restaurant offered with an absolute net lease and no landlord obligations.

    View details

    Shelby County, TN Nnn Properties Market Trends and Statistics

    Explore 31 nnn properties for sale in Shelby County, TN, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 284,882 square feet of properties for sale, with an estimated market value of $10,042,561.

    Sale prices for triple net lease properties in Shelby County, TN start at $524,285, averaging $1,673,760, and reaching up to $2,250,000 — 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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    Featured Shelby County Real Estate Agencies

    Realmo connects you with licensed Shelby County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    KELLER WILLIAMS®
    930 S White Station Rd Memphis, TN 38117
    Phone: 19012617900
    www.kw.com
    Coldwell Banker Collins-Maury
    6263 Poplar Ave, Suite 220 Memphis, TN
    Phone: 19012598550
    Real Estate Mart of TN Inc.
    7836 Church St Millington, TN 38053
    Phone: 19018728888
    www.RealEstateMartofTN.com

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