Retail Property with Long-Term
For Sale
Contact for pricing
Pending
4758 Navy Rd, Millington, TN 38053
Retail property with two long-term tenants in Millington, Tennessee.
Property Size3,500 SF
Lot Size0.63 Acres
Days on Market717
Property Features for 4758 Navy Rd
General Information
Standard status
Pending
Size
3,500 SF
Lot size
0.63 Acres
Property subtype
Retail
Listing Agency:
Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee
(901) 366-6070
Listed By:
Carson Claybrook · License #TN 314998
Source:
Crexi
Added: Sep 4, 2024
Changed: Aug 8
Last Checked: Jul 24 at 1:15PM
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 Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
Explore this area
Business Placement
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
