4758 Navy Rd, Millington, TN 38053

Listing office Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee c***@commadv.com Show Phone

Listing date Sep 4, 2024

Source Crexi

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Overview

Located at 4758 Navy Road in Millington, Tennessee, this retail property offers a prime investment opportunity. The property consists of 3,500 square feet of retail space on a 0.63-acre parcel. It is currently occupied by two long-term tenants: Check into Cash (2,000 SF) and Baskin Robbins (1,500 SF). Zoned B-2, the property allows for a variety of commercial uses. The location benefits from high visibility, with traffic counts of 20,563 vehicles per day on US Highway 51 and 7,669 vehicles per day on Navy Road. Multiple access points from Navy Road and proximity to Newport Boulevard enhance the property's accessibility. The surrounding area shows favorable demographics, with an average household income of $79,150 within a 3-mile radius, enhancing the property's long-term investment potential.

Suggested Use

Skin Care Clinic Law Firm Nursing Home Cosmetic Store Garden Center Gym & Fitness Center Storage Facility Tattoo & Piercing Shop Daycare Center Restaurant

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Millington

County

Shelby

State

Tennessee

Longitude

-89.9046778

Latitude

35.341738

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FAQs

What type of property is this?

Retail space - Retail property with two long-term tenants in Millington, Tennessee.

Where is this retail space located?

The property is located at 4758 Navy Rd Millington, TN.

What are key features of this property?

This property features: Investment property with two long‑term tenants: Check into Cash and Baskin Robbins already in place.; High visibility location with significant traffic counts on US Highway 51 (20,563 VPD) and Navy Road (7,669 VPD).; Situated on a 0.63‑acre parcel with multiple access points from Navy Road.