Listing Agency: TSCG The Shopping Center Group Memphis s***@tscg.com Show Phone

Listed By: Shawn Massey, CCIM, CRRP, ALC · License #372782

Source: Tscg

Added: Nov 25, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:25PM

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Investment Insights

Based on property information with market context.

This is a 4,586 square foot multi-tenant retail building located on Milton Wilson Boulevard, west of its intersection with Airline Road in Arlington, Tennessee. The property is adjacent to Arlington High School, which has over 2,500 students. It is in close proximity to a new Kroger that is under construction and a Baptist Memorial Health Emergency Center. The location is approximately 20 miles from Ford Blue Oval City. Area retailers include Taziki’s, Starbucks, Whataburger, Chicken Salad Chick, AT&T, Olympic Steak & Pizza, and O’Reilly Auto Parts. Traffic counts are 16,608 AADT on Airline Road and 6,305 AADT on Milton Wilson Boulevard. The property is 100% leased.

Key Highlights

• 100% Leased, providing immediate income.
• New 4,586 SF multi‑tenant building.
• Adjacent to Arlington High School (over 2,500 students).

Property Analytics

Property Profile

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Garden Center Tech Support Center Computer & Electronic Repair Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Explore this area Business Placement

Demographics for 38002, TN

44,385

Population

15,448

Households

2.9

Avg Household Size

38

Median Age

47%

College-Educated

97%

High-School Grad

116.3 sq mi

ZIP Area

382

Density / Sq Mi

$115,478

Median Household Income

$56,917

Median Earnings

$1,695

Median Rent

$363,000

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Strip mall - Multi-tenant retail building near school and future Kroger.

Where is this strip mall located?

The property is located at 11830 Milton Wilson Dr Lakeland, TN.

What are key features of this property?

This property features: 100% Leased, providing immediate income.; New 4,586 SF multi‑tenant building.; Adjacent to Arlington High School (over 2,500 students).