Former Family Dollar

Investment Highlights:

• Value‑Add Opportunity in Dense Urban Corridor: Vacant former Family Dollar on Jackson Avenue, a key east‑west corridor in North Memphis. Strong nearby residential density and steady retail demand make the site ideal for repositioning.
• Growing Population Base: The 1‑mile trade area grew from 11,360 residents in 2020 to 13,284 in 2024 (4.2% annually). Population is projected to reach 13,534 by 2029, supporting ongoing tenant demand.
• High Household Concentration: Over 4,900 households are within 1 mile, growing to 38,171 within 3 miles and 72,000 within 5 miles. Household counts are projected to keep rising through 2029, supporting ongoing retail demand.
• Strong Long‑Term Income Potential: The market attracts a broad mix of retail and service tenants seeking visible neighborhood locations. The property can secure favorable lease terms or long‑term tenancy, generating stable cash flow and enhancing value.

Offering Summary:

Matthews is pleased to present the vacant former Family Dollar located at 910 Jackson Avenue in Memphis, Tennessee, a freestanding retail opportunity positioned for a wide range of repositioning or redevelopment strategies. Situated along Jackson Avenue, a primary east–west corridor serving North Memphis, the property benefits from strong street visibility and access within a dense urban trade area, making it suitable for retail, service-oriented, and other neighborhood-focused uses.

The site is supported by a growing population base and strong surrounding household density, providing a stable and expanding customer foundation for future tenancy. The immediate trade area continues to experience steady residential growth, reinforcing long-term demand for essential goods and services and supporting sustained retail activity along the corridor.
Memphis serves as a major regional economic center, anchored by a diverse employment base across healthcare, logistics, and service industries. These fundamentals contribute to consistent consumer demand and provide a durable backdrop for retail investment within established urban submarkets.

Investors have the opportunity to capitalize on the property's flexible configuration, prominent urban location, and favorable market dynamics to maximize long-term value.