HWY 51 MILLINGTON STRIP CENTER

INVESTMENT HIGHLIGHTS

• Corporate Guaranty: Each lease is corporately guaranteed with escalation during the base term of the lease.
• New Construction: Construction on the building recently finished in Fall 2024 featuring modern prototypes for each tenant
• Long Term Leases: Each tenant has signed a New 10-year NNN lease with built in increases and options.
• Power Center Outparcel: Sitting at the corner entrance to a brand new power center that includes TJ Maxx, ALDI, ULTA, Hobby Lobby and several others.
• Strong Traffic Counts: Hwy 51 and W Union Rd see over ±27,700 VPD.
• Hard Signalized Corner: Positioned at a hard signalized corner for ample visibility and easy access
• Rapid Market Growth: Millington, TN, is experiencing significant growth, with an 11.17% population increase since 2020.
• Ample Parking and Pedestrian Access: The property includes ample parking and pedestrian-friendly design, enhancing customer convenience and increasing tenant appeal.