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Millington, TN Hospitality Properties 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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Millington Mixed-Use Development Opportunity
Contact for pricing

Millington Mixed-Use Development Opportunity

Navy Rd, Millington, TN 38053

Proposed mixed-use development with retail, hotel, and office opportunities.

  • First mixed‑use community in Millington, offering a variety of residential, commercial, and recreational options.
  • Close proximity to the Millington Airport and the largest Inland Naval Air Station in the U.S. with a large employee base.
  • 30,000± SF of 1st Floor Retail Space Available For Lease.
  • Hotel Outparcel Available For Sale.
  • Retail Outparcels available For Sale/Ground Lease and/or Build To Suit.
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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 2 Active listings in Millington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Esplanade Event Center: Memphis, TN
$4,200,000
31,720 SF

Esplanade Event Center: Memphis, TN

Prime Event Center, High Parking Ratio, Flexible Use

901 Cordova Sta Ave, Memphis, TN 38018
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Midtown Memphis Mixed-Use Gem
Contact for pricing
6,688 SF

Midtown Memphis Mixed-Use Gem

Historic building, versatile spaces, high income potential.

199 Summitt St, Memphis, TN 38104
View details
Luxury Olive Branch Hotel Investment
Contact for pricing
3.97 Acres

Luxury Olive Branch Hotel Investment

95-Room Marriott Suites Hotel in MS

7840 Craft-Goodman Rd, Olive Branch, MS 38654
View details
Hilton Garden Inn Olive Branch
Contact for pricing
3.98 Acres

Hilton Garden Inn Olive Branch

121-Room Hotel, Memphis Submarket

7890 Craft-Goodman Rd, Olive Branch, MS 38654
View details

Explore Off-Market Properties in Millington, TN

Consider similar Off-Market properties in Millington, 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.

7726 Us Hwy 51st N

7726 Us Hwy 51st N

HOTEL/MOTEL • 11,628 SF
Value Estimation
$270,000
7726 Us Hwy 51st N, Millington, TN 38053-2212
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6656 Us Hwy 51st N

6656 Us Hwy 51st N

HOTEL/MOTEL • 21,504 SF
Value Estimation
$365,000
6656 Us Hwy 51st N, Millington, TN 38053-7831
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7920 Us Hwy 51st N

7920 Us Hwy 51st N

HOTEL/MOTEL • 9,911 SF
Value Estimation
$155,000
7920 Us Hwy 51st N, Millington, TN 38053-1909
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8838 Us Hwy 51st N

8838 Us Hwy 51st N

HOTEL • 54,911 SF
Value Estimation
$8,720,000
8838 Us Hwy 51st N, Millington, TN 38053-4503
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8193 Us Hwy 51st N

8193 Us Hwy 51st N

HOTEL/MOTEL • 17,152 SF
Value Estimation
$220,000
8193 Us Hwy 51st N, Millington, TN 38053-1754
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8185 Us Hwy 51st N

8185 Us Hwy 51st N

HOTEL/MOTEL • 16,333 SF
Value Estimation
$275,000
8185 Us Hwy 51st N, Millington, TN 38053
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6481 Us Hwy 51st N

6481 Us Hwy 51st N

HOTEL/MOTEL • 1,942 SF
Value Estimation
$105,000
6481 Us Hwy 51st N, Millington, TN 38053-7835
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5090 Copper Crk Blvd

5090 Copper Crk Blvd

HOTEL • 51,552 SF
Value Estimation
$520,000
5090 Copper Crk Blvd, Millington, TN 38053-4481
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7763 Us Hwy 51st N

7763 Us Hwy 51st N

HOTEL/MOTEL • 18,980 SF
Value Estimation
$230,000
7763 Us Hwy 51st N, Millington, TN 38053-3421
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7925 Us Hwy 51st N

7925 Us Hwy 51st N

HOTEL/MOTEL • 11,973 SF
Value Estimation
$230,000
7925 Us Hwy 51st N, Millington, TN 38053-1901
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6315 Navy Rd

6315 Navy Rd

HOTEL/MOTEL • 15,630 SF
Value Estimation
$170,000
6315 Navy Rd, Millington, TN 38053-3651
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Millington, TN Hospitality Properties Investment Opportunities Market Analysis

Explore 13 hospitality properties for sale in Millington, TN on our real estate platform. These investment opportunities span a total of 860,354 square feet of properties for sale, with an estimated market value of $12,335,000.

Prices for hospitality properties in Millington, TN start at $105,000, averaging $1,370,555, and reaching up to $8,830,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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