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8390 Tn-3 Millington, TN 38053

  • Retail properties
  • 27,300 SF
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 8390 Tn-3

Property size
27,300 SF
Property type
Retail properties

Description

This exceptional retail opportunity presents 2,800 square feet of immediately available space within a thriving 27,300-square-foot retail center located on Highway 51 in Millington, Tennessee. The property boasts a prime location adjacent to Lowe's and directly across from Walmart, ensuring high visibility and significant foot traffic. The minimum divisible space is 1,400 square feet, with a maximum contiguous space of 1,400 square feet currently available. This makes it ideal for a variety of retail businesses seeking a strong presence in a bustling commercial area. The center benefits from its proximity to the Millington Airport and the significant population of the nearby large inland Naval Air Station, which employs over 7,500 military, civilian, and contract personnel. This substantial workforce provides a robust customer base for retail establishments. The area enjoys a high traffic count, with US Highway 51 North boasting an AADT of 33,347 vehicles. The center is anchored by a diverse range of national retailers including Walmart, Lowe's, Dunham Sports, Burkes Outlet, Ross, Petco, Kroger, Tractor Supply Co., Ollie's, Big Lots, Five Below, AT&T, Rack Room Shoes, Chili's, Chick-fil-A, Starbucks, Whataburger, Cook Out, Chipotle, Zaxby's, Buffalo Wild Wings, IHOP, and Popeyes, among many others. This established retail environment offers a strong foundation for success and significant potential for growth. The Shelby County location provides easy access to a large consumer market. This is a rare opportunity to secure a well-positioned retail space in a high-traffic area with a proven track record of success.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Millington
County
Shelby
State
Tennessee
Longitude
-89.8949
Latitude
35.3558
More about this property
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