Retail Space Near
15423 S First St, Milan, TN 38358
For Lease
Contact for pricing
High-visibility retail/office space with ample adjacent parking near a busy Walmart and nearby Five Below.
Space Size3,225 SF
Days on Market476
Property Features for 15423 S First St
General Information
Standard status
Size
Net Rentable
Property subtype
Space & Availability
Available Space
Contiguous Space
Spaces For Lease
at 15423 S First St
Marketplace at Milan
$12 – $14/SF/Yr
Floor
1
Size
3,225 SF
Type
RETAIL
Availability
AVAILABLE
Sublease
No
- Prime location in growing Milan, TN market
- High visibility with ample parking adjacent to a busy Walmart
- 3,225 SF Available. Ideal for retail or office use.
- Five Below opened Q4/2023.
Contact us
Listing Agency:
Real Estate Southeast
(334) 491-6203
Listed By:
Louise Jennings
(404) 606-3285
Source:
Moodyscre
Added: Jul 22, 2025
Changed: Nov 1
Last Checked: Nov 8 at 8:26AM
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 Real Estate Southeast
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Investment Insights
Based on property information with market context.
Available retail space totals 3,225 SF and is positioned for retail or office use. The property benefits from high visibility and ample parking adjacent to a busy Walmart.
The center includes Five Below, which opened in Q4 2023. This tenant mix can support day-to-day foot traffic for businesses seeking retail-facing exposure in a growing Milan, TN market.
The available 3,225 SF can be evaluated for a range of retail and office configurations, with the site’s visibility and parking designed to serve customers and employees.
The center includes Five Below, which opened in Q4 2023. This tenant mix can support day-to-day foot traffic for businesses seeking retail-facing exposure in a growing Milan, TN market.
The available 3,225 SF can be evaluated for a range of retail and office configurations, with the site’s visibility and parking designed to serve customers and employees.
Key Highlights
- 3,225 SF available for retail or office use
- High visibility with ample parking adjacent to a busy Walmart
- Five Below opened Q4 2023
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
174k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 39%
Shops & Services 38%
Home Improvements & Furnishings 16%
Dining 3%
Walmart
Superstores
68,199 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
27,597 visits/mo
0.5 miles
Murphy USA
Shops & Services
22,988 visits/mo
0.3 miles
Shell
Shops & Services
16,979 visits/mo
0.4 miles
Five Below
Shops & Services
16,722 visits/mo
0.2 miles
Demographics for 38358, TN
12,153
Population
5,113
Households
2.4
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
82.7 sq mi
ZIP Area
147
Density / Sq Mi
$65,537
Median Household Income
$39,429
Median Earnings
$808
Median Rent
$157,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - High-visibility retail/office space with ample adjacent parking near a busy Walmart and nearby Five Below.
Where is this retail space located?
The property is located at 15423 S First St Milan, TN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 3,225 SF available for retail or office use; High visibility with ample parking adjacent to a busy Walmart; Five Below opened Q4 2023
