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8699 US 51 North hwy
Millington, TN 38053
Chicken Salad Chick-Anchored Strip Center · Retail Property For Sale
Investment Highlights
- 2024 Construction, 10,000-SF Strip Center on +/- 1.80 AC Lot
- All leases are for a 10 year base term and are triple-net (NNN), limiting landlord’s out of pocket responsibilities
- Outparcel to a prominent power center that includes major retailers such as TJ Maxx, Hobby Lobby, Aldi, Burlington, ULTA, Pop Shelf, and Skechers.
- 100% leased to national corporate tenants, Chicken Salad Chick, America’s Best Contacts & Eyeglasses, and Mattress Firm.
- Leases come equipped with rental increases every 5 years and at the start of each option period | Additional income from ATM on a 5 year lease
- Proximity to several new developments, including Forked River Commons and popular national brands like LongHorn Steakhouse, Chipotle, & more
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,700 SF
Building Class
B
Year Built
2024
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
30.41 AC
Zoning
A - Commercial
Parking
376 Spaces (35.14 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 of 1
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