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    Sec Of Airline Rd & Milton Wilson Blvd Arlington, TN 38002

    Sponsored
    For Lease
    Contact for pricing

    High-growth area, Kroger-anchored center

    Lot size:
    2 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Shops at Arlington Village offers exceptional retail space in a rapidly expanding area. This shopping center, situated on a one-acre lot at the southeast corner of Airline Road and Milton Wilson Boulevard, is anchored by a new Kroger Marketplace, slated to open in the second quarter of 2024. Two spaces are currently available for lease. The property is zoned PD and located in Shelby County, Tennessee. Arlington, a mere 20 miles northeast of Memphis, boasts impressive growth, expanding over 350% in the last decade, making it the fastest-growing city within the Memphis Metropolitan Statistical Area. This dynamic growth is fueled by significant developments including the state's largest high school, a new Baptist Medical Campus, and proximity to the substantial Ford Blue Oval project, which will employ over 6,000 individuals. Arlington also offers attractive amenities such as excellent parks, trails, and sports facilities, coupled with the lowest property taxes in Shelby County. This combination of strong demographics, new development, and convenient location presents a compelling opportunity for retail businesses seeking a thriving market. The property's strategic location and the presence of a major grocery anchor make it an ideal investment for businesses seeking high visibility and strong foot traffic.

    Property Features for 0 Sec Of Airline Rd & Milton Wilson Blvd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1 SF
    Space
    Available Space 2
    Size
    1 SF

    HighLights

    • Retail shopping center with grocery anchor.
    • Two spaces available.
    • One‑acre site.
    • Located at the southeast corner of Airline Rd and Milton Wilson Blvd in Arlington, TN.
    • Anchored by a new Kroger Marketplace (opening Q2 2024).
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Arlington
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.6667811
    Latitude
    35.2714047

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    FAQs

    What type of property is this?
    Lifestyle center - High-growth area, Kroger-anchored center
    Where is this lifestyle center located?
    The property is located at Sec Of Airline Rd & Milton Wilson Blvd Arlington, TN.
    What are key features of this property?
    This property features: Retail shopping center with grocery anchor.; Two spaces available.; One-acre site.
    Request Owner's contact information
    Sec Of Airline Rd & Milton Wilson Blvd Arlington, TN 38002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Sec Of Airline Rd & Milton Wilson Blvd Arlington, TN 38002
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