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Property profile & analytics
OFF-MARKET
Lifestyle centers

5291-5287 Airline Rd Arlington, TN 38002

22,885 SF
Property ID
Property summary
AI-generated overview

The Falls Shopping Center, located at 5291-5287 Airline Rd in Arlington, Tennessee (zip code 38002), presents a compelling retail investment opportunity. This shopping center offers a total of 22,885 square feet of retail space, with 12,900 square feet currently vacant and available for lease. Three spaces are immediately available, ranging in size from a minimum of 1,200 square feet to a maximum contiguous space of 3,600 square feet. The property is situated in Shelby County, at a busy intersection, providing excellent visibility and accessibility. Its strategic location directly across from a new Kroger Marketplace and Arlington High School (with an enrollment exceeding 2,100 students) ensures high foot traffic and a substantial potential customer base. This new retail development offers a unique chance to establish a presence in a thriving community with a strong demographic profile. The property is classified as a multi-tenant shopping center. The property's address is 5291-5287 Airline Rd, Arlington, TN 38002. Coordinates are 35.270113 latitude and -89.669792 longitude.

Property profile
Verified
Property type Lifestyle centers
Total area 22,885 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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