Listing Agency: US Realty Co

Listed By: Jamieson Ballmer · License #TX BR 9007879

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Apr 11 at 3:46AM

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Investment Insights

Based on property information with market context.

This Mobil-branded convenience retail property is offered for sale at 3089 South 1st Street in Milan, Tennessee. The building contains 3,100 SF of retail space and is presented with a stated 7.60% CAP rate.

Key Highlights

• Mobil‑branded convenience retail property
• 3,100 SF of retail space
• 7.60% CAP rate

Property Analytics

Property Profile

Current Use

On The Way Grocery & Convenience Store Amoco Car Wash Milan Express Gas Station

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Electrical Service Kitchen & Bath Showroom Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

77

Businesses Nearby

2k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Napa Auto Parts Shops & Services

1,718 visits/mo 0.0 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

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Convenience retail property carrying Mobil branding.

Where is this retail space located?

The property is located at 3089 S 1st St Milan, TN.

What are key features of this property?

This property features: Mobil‑branded convenience retail property; 3,100 SF of retail space; 7.60% CAP rate