14121 Gratiot AveDetroit, MI 48205

Property Details for 14121 Gratiot Ave

Lot size

0.21 AC

Property size (Sq ft)

7,180 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional retail opportunity is located within the Shoppes at Millington Farms in Millington, Tennessee, a rapidly growing suburb of Memphis. The center boasts a total of 94,552 square feet and features a strong tenant mix including Ross, Bealls, Petco, Dunham's Sports, and Five Below. A significant advantage is the shadow anchor of Lowe's Home Improvement and the proximity to a Walmart Supercenter directly across the street, ensuring high foot traffic and visibility. The available space, totaling 6,500 square feet, enjoys a prime location between Ross and Five Below, providing excellent exposure to shoppers. Millington's economy is robust, fueled by a substantial presence of educational services, construction, scientific and technical services, and most notably, the NAS Mid-South, employing over 7,500 military, civilian, and contractor personnel. Further bolstering the area's economic outlook is the recently commenced construction of a $5.6 billion Ford electric vehicle plant nearby, projected to generate over 6,000 new jobs upon commencement of production in 2025. This presents a unique investment opportunity in a dynamic and expanding market, offering significant potential for growth and return. The property is a multi-tenant shopping center, ideal for a variety of retail uses.

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.4329

Longitude

-82.9796

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