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4758-4764 Navy Rd
Millington, TN 38053

Retail Property For Sale

Executive Summary

Cushman & Wakefield is offering a prime investment opportunity at 4758 Navy Road in Millington, Tennessee. This 3,500-square-foot retail property, situated on a 0.63-acre parcel, is currently occupied by two long-term tenants: Check into Cash (2,000 SF) and Baskin Robbins (1,500 SF). The property is zoned B-2, allowing for a variety of commercial uses, and benefits from high visibility with traffic counts of 20,563 vehicles per day on US Highway 51 and 7,669 vehicles per day on Navy Road. With multiple access points from Navy Road and proximity to Newport Boulevard, this property presents a compelling opportunity for investors looking to secure a well-positioned retail asset in a growing market. The surrounding area also shows favorable demographics, with an average household income of $79,150 within a 3-mile radius, enhancing the property's long-term investment potential.
• Excellent Investment opportunity in Millington, TN on Navy Rd
• Check Into Cash – 2,000 SF
• Baskin Robbins – 1,500 SF
• 0.63-acre parcel
• Multiple access points from Navy Rd
• Access to Newport Blvd
• Zoned B-2
• US Hwy 51 – 20,563 VPD
• Navy Rd – 7,669 VPD

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,400 SF
Building Class
C
Year Built
1984
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.32 AC
Opportunity Zone
Yes
Zoning
B2 - https://gis.shelbycountytn.gov/zoning/?marker=-89.90467714140911%2C35.3418851100934%2C%2C%2C%2C&markertemplate=%7B%22title%22%3A%22MEMPHIS%22%2C%22lon

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M0-115I-C0-0001C
Land Assessment
$47,469 CAD
Improvements Assessment
$87,335 CAD
Total Assessment
$134,804 CAD
  • Listing ID: 33058132

  • Date on Market: 2024-09-04

  • Last Updated:

  • Address: 4758-4764 Navy Rd, Millington, TN 38053

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