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

To download this Offering Memorandum, please enter your name, email and phone.
Continue

Contact

David Maling
Principal
213.618.3825
Christopher E. Maling
Principal - Retail Capital Markets
213.618.3824

Share Property

Highlights

  • 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

Location

8165 Highway 51 North
Millington, TN

Leigh ClineRestaurant (Vacant)