4750 Navy Rd Millington, TN 38053-1927

This exceptional commercial property located at 4750 Navy Rd, Millington, TN, presents a compelling investment opportunity. Currently leased to a reliable tenant generating a substantial monthly income of $3,000 triple net (taxes, insurance, and maintenance are the tenant's responsibility), this property offers a secure and profitable return. The existing lease agreement is in place until January 1st, 2025, with built-in options for renewal, ensuring long-term income stability. The property boasts significant recent upgrades, including a new roof installed in 2019 and a new air conditioning system also installed in 2019, minimizing future maintenance expenses and maximizing operational efficiency. This is a turnkey investment ready to generate immediate cash flow. The property is classified as General Commercial and is offered at $489,000. This represents a strong value proposition in the Millington commercial real estate market. The property's location in Millington, TN, offers convenient access to key transportation routes and amenities. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Contact us today to schedule a viewing.