4194 Hickory Hill Rd, Memphis, TN 38141

Absolute NNN – This is a rare absolute NNN lease with zero landlord responsibilities, offering 100% passive income to a prospective purchaser.

High Performing Site – AlphaMap’s shows that the site performs in the top 75th percentile of Family Dollar Stores in Tennessee in terms of mobile foot traffic.

Attractive Increase Schedule - 10% rental increases in each of the four, 5-year options, which is beneficial to an owner as it increases their yearly cash flow and helps hedge against inflation.

Attractive Demographics – There are approximately 190,263 people within a 5-mile radius from the property with an average household income of $75,000+. This provides a prospective purchaser with their property being in a densely populated market.

Corporate Tenant - The lease of the subject property is signed by Family Dollar, Inc who operates over 7,500+ locations throughout the country. Family Dollar was recently acquired by Brigade Capital and Macellum Capital Management for $1.01 Billion.

Proximity to Industrial Corridor - Memphis is a global logistics hub; the property’s proximity to major distribution networks and the Memphis International Airport supports the general economic stability of the area.

Hickory Hill Road – The subject property is located directly off Hickory Hill Rd which sees over 23,000 vehicles per day which benefits an purchaser with owning a property with consistent exposure and foot traffic.