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Millington Mixed-Use Development Opportunity
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Navy Rd, Millington, TN 38053

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

Property SizeContact for details
Days on Market268

Property Features for Navy Rd

General Information

Standard status Active
Property subtype Development
Listing Agency:
Listed By: Shawn Massey, CCIM, CRRP, ALC · License #TN - 315420
Source: Tscg
Added: Nov 25, 2025 Changed: Jul 6 Last Checked: Aug 20 at 5:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shawn Massey, CCIM, CRRP, ALC

Investment Insights

Based on property information with market context.

A proposed new mixed-use development is planned on the south side of Navy Road, just east of Veterans Parkway in Millington. This development aims to be Millington's first mixed-use community, incorporating apartments, residential single-family townhomes, a hotel, and an existing YMCA, along with commercial retail and office space. The location offers close proximity to the Millington Airport and the largest Inland Naval Air Station in the U.S., which hosts more than 7,500 military, civilian, and contract personnel. The development includes approximately 30,000 square feet of first-floor retail space available for lease. Additionally, a hotel outparcel is available for sale. Retail outparcels are available for sale, ground lease, and build-to-suit options. The location is ideal for restaurants, entertainment venues, specialty retail services, and office uses.

Key Highlights

  • 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.**

Property Analytics

Current Use

Shopping centers

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38053, TN

26,839
Population
10,674
Households
2.5
Avg Household Size
42
Median Age
21%
College-Educated
88%
High-School Grad
162.4 sq mi
ZIP Area
165
Density / Sq Mi
$58,548
Median Household Income
$41,429
Median Earnings
$1,105
Median Rent
$195,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Proposed mixed-use development with retail, hotel, and office opportunities.
Where is this shopping center located?
The property is located at Navy Rd Millington, TN.
What are key features of this property?
This property features: 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.**
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