6347 Navy Rd Millington, TN 38053
Sponsored
High-Yield Retail Investment Opportunity in Tennessee
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 6347 Navy Rd
General Information
- Property type
- Restaurants
- Class
- C
- Lot Size
- 98,881 SF
Building Details
- Units
- 4
HighLights
- Multi‑tenant property at 6347 Navy Rd, Millington, TN 38053, totaling 13,350 square feet on a 2.27‑acre lot with 106 parking spaces.
- 100% occupancy with four tenants (Pops Bar and Grill, OM food mart, LG bar, and Busy Bubbles) under medium‑term leases.
- Includes a seller‑owned coin‑operated laundry with all equipment included in the sale.
- Class C property with a gross lease structure, offering an 8.5% net cap rate (exceeding the 7.97% asking cap rate).
- Offered at $2,000,000.
Property Profile
Location Intelligence
Current Use by Public Records
OM Foodmart
Convenience Store
RockItCoin Bitcoin ATM
Crypto Atm
Krispy Krunchy Chicken
Chicken Restaurant
LibertyX Bitcoin ATM
Atm
Location Insight
- Map
- Local Demand
- City
- Millington
- County
- 47157
- State
- Tennessee
- Longitude
- -89.8515011
- Latitude
- 35.3378314
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - High-Yield Retail Investment Opportunity in Tennessee
Where is this restaurant located?
The property is located at 6347 Navy Rd Millington, TN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Multi-tenant property at 6347 Navy Rd, Millington, TN 38053, totaling 13,350 square feet on a 2.27-acre lot with 106 parking spaces.; 100% occupancy with four tenants (Pops Bar and Grill, OM food mart, LG bar, and Busy Bubbles) under medium-term leases.; Includes a seller-owned coin-operated laundry with all equipment included in the sale.