0 Navy Rd Millington, TN 38053
Astoria Square presents a unique opportunity for a single-tenant retail user in the thriving Millington, Tennessee market. This proposed new development boasts a total of 30,000 square feet of brand-new, vacant space, ready for immediate occupancy. Located on the south side of Navy Road, just east of Veterans Parkway, this property offers exceptional visibility and accessibility. The building's design is adaptable to a wide range of retail uses, providing ample space for a flagship store, warehouse, or other large-scale retail operation. The strategic location in Shelby County, Tennessee, provides easy access to a significant consumer base and benefits from strong regional traffic patterns. With its convenient access to major roadways and a vibrant community, Astoria Square is poised to become a prominent retail destination. The 30,000 square foot building presents a blank canvas for a business seeking to establish a substantial presence in the Millington area. The property's address is Navy Road, Millington, TN 38053. This is a rare opportunity to secure a substantial retail space in a rapidly growing market. Contact us today to learn more about this exceptional property and to discuss your business needs.
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
Similar Nearby for Lease
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.