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47157 County, TN Commercial Real Estate for Sale

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Millington Multi-Tenant Hospitality Property
$2,000,000
2.27 Acres

Millington Multi-Tenant Hospitality Property

6347 Navy Rd, Millington, TN 38053

High-Yield Retail Investment Opportunity in Tennessee

  • Multi‑tenant property at 6347 Navy Rd, Millington, TN 38053, totaling 13,350 square feet on a 2.27‑acre lot with 106 parking spaces.
  • 100% occupancy with four tenants (Pops Bar and Grill, OM food mart, LG bar, and Busy Bubbles) under medium‑term leases.
  • Includes a seller‑owned coin‑operated laundry with all equipment included in the sale.
  • Class C property with a gross lease structure, offering an 8.5% net cap rate (exceeding the 7.97% asking cap rate).
  • Offered at $2,000,000.
Updated: Dec 11, 2024
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Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in 47157 County, TN, we suggest exploring several alternatives:

47157 County, TN Commercial Real Estate Investment Opportunities Market Analysis

Explore 1 commercial real estate for sale in 47157 County, TN on our real estate platform. These investment opportunities span a total of 98,881 square feet of properties for sale, with an estimated market value of $2,000,000.

Sale prices for business properties in 47157 County, TN start at $2,000,000, averaging $2,000,000, and reaching up to $2,000,000 — 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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