For Sale
$489,000

4750 Navy RdMillington, TN 38053

High-yield property, strong tenant, lease options.

Overview

Added:
Feb 3
Days on market:
60
This exceptional commercial property located at 4750 Navy Rd, Millington, TN, presents a compelling investment opportunity. Currently leased to a reliable tenant generating a substantial monthly income of $3,000 triple net (taxes, insurance, and maintenance are the tenant's responsibility), this property offers a secure and profitable return. The existing lease agreement is in place until January 1st, 2025, with built-in options for renewal, ensuring long-term income stability. The property boasts significant recent upgrades, including a new roof installed in 2019 and a new air conditioning system also installed in 2019, minimizing future maintenance expenses and maximizing operational efficiency. This is a turnkey investment ready to generate immediate cash flow. The property is classified as General Commercial and is offered at $489,000. This represents a strong value proposition in the Millington commercial real estate market. The property's location in Millington, TN, offers convenient access to key transportation routes and amenities. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Contact us today to schedule a viewing.

Property Details for 4750 Navy Rd

Property type
Year Built
1984

Location Insight

City
Millington
County
Shelby
State
Tennessee
Latitude
35.34184
Longitude
-89.90498
4750 Navy Rd, Millington, Tennessee

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4750 Navy Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message