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Retail Space in Millington, TN
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8223 US-51, Millington, TN 38053

Retail space with high visibility and strong anchor tenants.

Space Size2,000 SF
Days on Market2040

Property Features for 8223 US-51

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail, Industrial

Building Details

Building Size 2,000 SF
Tenancy Multiple

Spaces For Lease

at 8223 US-51 Contact us

Suite 8237

Size
2,000 SF
Type
Industrial, Retail
Availability
Active
Contact us
Listing Agency: Anchor Investments LLC
Listed By: Jacob Delk · License #FLBO
Source: Crexi
Added: Jan 29, 2021 Changed: Aug 17 Last Checked: Aug 29 at 12:02AM

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 Anchor Investments LLC

Investment Insights

Based on property information with market context.

This retail space is located on the primary retail corridor of Millington, TN, offering high visibility and accessibility. The location benefits from an Annual Average Daily Traffic (AADT) count of 33,472 vehicles along Hwy 51. The property features a mix of national and regional retailers, including Aaron’s, Planet Fitness, Tractor Supply, and Ollie’s. The shopping center experiences approximately 587,300 annual visits.

Key Highlights

  • High visibility location on Millington, TN's primary retail corridor.
  • Strong anchor tenants including Aaron’s, Planet Fitness, Tractor Supply, and Ollie’s.
  • High traffic count: 33,472 Annual Average Daily Traffic (AADT) on Hwy 51.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Kitchen & Bath Showroom Garden Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby
Well-served
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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space with high visibility and strong anchor tenants.
Where is this shopping center located?
The property is located at 8223 US-51 Millington, TN.
What are key features of this property?
This property features: High visibility location on Millington, TN's primary retail corridor.; Strong anchor tenants including Aaron’s, Planet Fitness, Tractor Supply, and Ollie’s.; High traffic count: 33,472 Annual Average Daily Traffic (AADT) on Hwy 51.
More about this property
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