4935 Airline RdArlington, TN 38002

Property Details for 4935 Airline Rd

Year built

2004

Lot size

2.08 AC

Property size (Sq ft)

8,774 SF

Zone code

S-C

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

A01-52 - - -00082-C

APU

A015200082C

Description

This exceptional retail opportunity is located within a thriving Exxon Travel Center situated at the southwest corner of I-40 and Airline Road in Arlington, Tennessee. The property boasts a total of 4,000 square feet, with 4,000 square feet currently vacant and available for lease. This presents a unique chance for businesses seeking high visibility and convenient access to a substantial customer base. The space is divisible, offering flexible lease options ranging from a minimum of 750 square feet to a maximum contiguous space of 2,450 square feet. The property's location at a major interstate interchange ensures significant daily traffic volume, providing unparalleled exposure for any tenant. The existing Exxon Travel Center infrastructure provides a built-in customer base, creating a synergistic environment for complementary businesses. This prime retail space is ideal for a variety of uses, offering a strategic advantage for businesses seeking to establish a strong presence in a high-traffic area of Shelby County. The address is 4935 Airline Rd, Arlington, TN 38002. This is a rare opportunity to secure a well-positioned retail space in a high-demand location. Don't miss out on this chance to capitalize on the significant foot and vehicle traffic generated by this prominent location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,858,366

  6.5%

  $1,715,414

  7%

  $1,592,885

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,723,733

  Geo Method

  $1,723,733

• Alternative Use

  Use

  Valuation

  Residential

  $1,447,016

  Hospitality

  $1,325,459

  Educational

  $1,102,766

  Medical

  $1,140,692

  Retail

  $1,715,414

Location Insight

City

Arlington

County

Shelby

State

Tennessee

Latitude

35.2606

Longitude

-89.6645

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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