8223 Us-51 Millington, TN 38053
Millington Plaza, located at 8223 US-51, Millington, TN 38053, offers a versatile 2,000 square foot flex/warehouse space currently available for lease. This property is situated on a one-acre lot and features a convenient 5:1000 parking ratio, ensuring ample parking for tenants and their clients. The building is classified as retail and industrial, making it suitable for a variety of businesses. The space is part of a multi-tenant building, offering a collaborative environment. The property's flexible design caters to businesses needing both warehouse and office space, providing a seamless blend of functionality and efficiency. The total building size is 2,000 square feet, with the entire space currently vacant and ready for immediate occupancy. Its location in Millington, Tennessee provides easy access to major transportation routes, enhancing logistical efficiency for businesses. This is an exceptional opportunity for businesses seeking a well-located, versatile space to establish or expand their operations. The property's combination of warehouse and retail space makes it ideal for a range of uses, from light manufacturing and distribution to retail showrooms and office spaces. Contact us today to schedule a viewing and explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.