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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 3 Potential Opportunities for your consideration. Besides 1 Active listings in 47157 County, TN, we suggest exploring several alternatives: similar 2 Off-Market properties to explore as potential leads

    Explore Off-Market Properties in 47157 County, TN

    Consider similar Off-Market properties in 47157 County, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1672 Carnegie St

    1672 Carnegie St

    Mixed-use properties • 6,098 SF
    Value Estimation by Request
    1672 Carnegie St, Memphis, TN 38106
    View details

    47157 County, TN Commercial Real Estate Investment Opportunities Market Analysis

    Explore 2 commercial real estate investment opportunities in 47157 County, TN on our commercial real estate marketplace. The current inventory includes 98,881 square feet of properties with an estimated value of $2,000,000.

    Estimated prices for commercial real estate in 47157 County, TN begin at $2,000,000, with an average of $2,000,000 and extend to $2,000,000.

    In 47157 County, TN, current investment values show:

    • Bars positioned at $2,000,000
    • Grocery and convenience stores measuring $2,000,000
    • Hospitality properties assessed at $2,000,000
    • Individual retail properties calculated at $2,000,000
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