Dollar Tree

Highlights:

• Absolute NNN Lease with Zero Landlord Responsibilities
• Strong Commitment to Site with Over 19 Years at This Location
• Positioned at the Signalized Intersection of Getwell Road and Rhodes Avenue
• Situated Directly Across From the University of Memphis Park Avenue Campus and 1 Mile From the Main Campus with Over 22,000 Students Enrolled Annually
• Corporate Guarantee From Walgreens Co. | Former Walgreens Subleased to Dollar Tree
• Multiple Access Points and Ample Parking Spaces
• Strong Demographics with a Population of Over 225,000 Within a 5-Mile Radius of the Subject Property
• Located 7 Miles From the Memphis International Airport and 8 Miles From Downtown Memphis

Description:

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Memphis is the county seat of, Shelby County in the southwest part of the state; it is situated along the Mississippi River. With a population of 633,104 at the 2020 U.S. census, Memphis is the second-most populous city in Tennessee, after Nashville.

Memphis is the fifth-most populous city in the Southeast, the nation's 28th-largest overall, as well as the largest city bordering the Mississippi River. The Memphis metropolitan area includes West Tennessee and the greater Mid-South region, which includes portions of neighboring Arkansas, Mississippi and the Missouri Bootheel. One of the more historic and culturally significant cities of the Southern United States, Memphis has a wide variety of landscapes and distinct neighborhoods.

Memphis has become one of the nation's leading commercial centers in transportation and logistics. The largest employer is FedEx, which maintains its global air hub at Memphis International Airport. This is now the busiest cargo airport in the world. The International Port of Memphis also hosts the fifth-busiest inland water port in the U.S. The Globalization and World Cities Research Network considers Memphis a "Sufficiency" level global city as of 2020.

Memphis is a center for media and entertainment, notably a historic music scene. With blues clubs on Beale Street originating the unique Memphis blues sound, the city has been nicknamed the "Home of the Blues". Its music has continued to be shaped by a multicultural mix of influences: country, rock and roll, soul, and hip-hop.

The city is home to a major professional sports team, the Grizzlies of the NBA. Other attractions include Graceland, the Memphis Pyramid, Sun Studio, the Blues Hall of Fame and Stax Museum of American Soul Music. Memphis-style barbecue has achieved international prominence, and the city hosts the annual World Championship Barbecue Cooking Contest, which attracts more than 100,000 visitors each year. Higher-level educational institutions include the University of Memphis and Rhodes College.