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8800 Us-51Millington, TN 38053

Prime Restaurant Space, 2.53 Acres

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial property presents a unique investment opportunity in Millington, Tennessee. The offering includes a 2,584 square foot free-standing, second-generation restaurant building situated on a sizable 2.53-acre lot. The property boasts convenient access from US Highway 51 and features two distinct parcels: Lot 1, encompassing 1.35 acres, and Lot 2, comprising 1.18 acres. This presents a significant development potential, especially considering its strategic location directly north of a new residential development and a large church. The high-traffic area boasts impressive daily traffic counts: 20,324 AADT on US-51 and 14,048 AADT on TN-385. The property benefits from its proximity to a robust retail environment, including major national brands such as Lowe's, Walmart, Hobby Lobby, and many more popular restaurants like Chick-fil-A, Whataburger, and IHOP. This combination of existing restaurant space and ample land provides a versatile platform for various commercial ventures, making it an attractive proposition for both established businesses and new developments. The property's location and surrounding infrastructure make it an ideal site for expansion or a new commercial enterprise. This is a rare opportunity to acquire a substantial property in a thriving retail corridor.

Highlights

  • Millington development opportunity.
  • Excellent location, north of new residential and a large church, with US-51 and side street access.
  • Strong retail synergy with nearby Lowe's, Walmart, and other national retailers.
  • High traffic counts: US-51 (20,324 AADT) and TN-385 (14,048 AADT).
  • Lot 1: 1.35 acres.
  • Lot 2: 1.18 acres.

Property Details for 8800 Us-51

Property type
Retail properties, Restaurants
Square Feet
2,584 SF
Lot Size (sq. ft)
110,207 SF

Location Insight

City
Millington
County
Shelby
State
Tennessee
Latitude
35.3663921
Longitude
-89.8865417
8800 Us-51, Millington, Tennessee

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8800 Us-51
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