14121 Gratiot AveDetroit, MI 48205

For Sale
$390,000

Thriving Millington retail space; 6,500 sq ft available.

Overview

Added:
Dec 11, 2024
Days on market:
93
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.

Highlights

  • 94,552 square foot retail shopping center in Millington, TN.
  • One 6,500 square foot retail space available.
  • Strong tenant mix including Ross, Bealls, Petco, Dunham's Sports, and shadow-anchored by Lowe's.
  • Walmart Supercenter across the street.
  • Located near the NAS Mid-South and a new Ford electric vehicle plant creating thousands of jobs.

Property Details for 14121 Gratiot Ave

Property type
Other warehouses, Other industrial properties
Square Feet
7,180 SF
Stories
1
Lot Size (sq. ft)
9,148 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4328819
Longitude
-82.9795777
14121 Gratiot Ave, Detroit, Michigan

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14121 Gratiot Ave
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