Former Dollar General | Memphis, TN

Highlights:

• 9,016 SF former Dollar General with 30 parking spaces located on 1.26 Acres
• Excellent visibility from the intersection of Highway 61 (12,820 VPD) & W Holmes Rd (3,138 VPD)
• Delivered vacant at sale, the property offers investors or owner-users immediate flexibility for re-tenanting, adaptive reuse, or redevelopment
• Positioned 5 miles from a retail corridor with national retailers including Walmart, Kroger, ALDI, and Southland Mall

Description:

Ri Marketplace Online Auction December 8th-10th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2905/former-dollar-general-memphis-tn?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2905

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding retail property located at 5226 S Third Street in Memphis, Tennessee. Formerly occupied by Dollar General, this 9,016-square-foot building was constructed in 2014 and sits on a 1.265-acre parcel with 30 on-site parking spaces. The property is currently vacant, offering investors or owner-users immediate flexibility for re-tenanting, adaptive reuse, or redevelopment. Zoned CMU-3 and supported by a clean Phase I environmental report, the site accommodates a wide range of neighborhood-serving retail or service uses.

Strategically positioned along a highly visible corridor with exposure to approximately 12,820 vehicles per day, the property benefits from excellent accessibility and frontage. It is located just five miles from a major retail corridor featuring national tenants such as Walmart, Kroger, ALDI, and Southland Mall, and six miles from Graceland, a prominent tourist destination attracting over 600,000 annual visitors. Memphis, the second most populous city in Tennessee, is a major logistics and industrial hub with a diverse economy anchored by FedEx, AutoZone, and International Paper. The surrounding area features strong demographics, with an estimated 2025 population of over 73,000 within a five-mile radius and average household incomes ranging from approximately $69,000 to $105,000.


John Roebuck
c/o Fisher Auction Company Inc.
License: 1702
TN Broker No. 00022430
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: