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.
PROPERTY HIGHLIGHTS
- 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
Traffic counts
- US Hwy 51 – 20,563 VPD
- Navy Rd – 7,669 VPD