Property Details

Restaurant (Vacant)

Millington, TN
Property ID: 14146

Financial Summary

Asking Price $900,000
Cap Rate Call for Details
Net Operating Income (NOI) Call for Details
Lease Type Other

Offering Memorandum

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David Maling
Christopher E. Maling
Principal - Retail Capital Markets

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  • Large lot with ample parking
  • Located on a major thorofare, Highway 51, that runs directly to Downtown Memphis, Tennessee
  • Adjacent to Admiralty Suites & Inn, a 140-room hotel, and Magnolia Inn, a 72-room hotel
  • Located around major national retailers including: Walmart, Ross Dress For Less, Burke’s Outlet, Starbucks, Chick-fil-A, Lowe’s Home Improvement, Kroger, Big Lots, Goody’s, Dirt Cheap, Chili’s, Huey’s, Buffalo Wild Wings, IHOP, Starbucks, Chick-fil-A, Popeyes, Payless Shoesource, and more
  • Located within 0.5 miles from both Millington Middle School and Millington Central High School which collectively serves roughly 1,500 students Grades 6-12
  • Traffic count in excess of over 6,374 vehicles per day


8165 Highway 51 North
Millington, TN

Leigh ClineRestaurant (Vacant)