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4750 Navy Rd

Millington, TN 38053
  • $469,000
  • STATUS: Active
  • ON SITE: 365 Days
  • MLS #: 10152454
UPDATED: 126 min ago
$469,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1984
County:

School Ratings & Info

Description

Great income producing investment! Tenant is paying $3,000/month, triple net, (taxes, insurance, and maintenance). Current lease will expire 7/1/2024 with options to renew. New roof 2019 and A/C 2019.

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© 2024 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-07-18T14:04:29.273.
www.gowenpropertygroup.com/homes/141597015
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4750 Navy Rd Millington, TN 38053

  • Price: $469,000
  • Status: Active
  • On Site: 365 Days
  • Updated: 126 min ago
  • MLS #: 10152454
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1984
Built
Neighborhood:
Navy Rd Shopping Center
County:
Shelby
Area:
Millington - West
Property Description
Great income producing investment! Tenant is paying $3,000/month, triple net, (taxes, insurance, and maintenance). Current lease will expire 7/1/2024 with options to renew. New roof 2019 and A/C 2019.
Exterior Features

Buildings 1 Location CityFree Standing Lot Size 125 X 275 Parking Facility Asphalt/BlacktopAttached Road Frontage City Street Roof Flat Truck Loading Door Height No Truck Door

Interior Features

Average Ceiling Height 11-12.9 Feet Cooling System Central Cooling Floors Partial CarpetTile Foundation Slab Heating System CentralGas Hot Water Public SewerPublic Water Seating Capacity 76-100

Property Features

Actual Annual Rent 36000 Annual City Tax 1087 Annual County Tax 3104 Commercial Type Commercial Contingency Type No Contingency Existing Financing Conventional Fixed Information Available Brochure Legal Subdivision Name NAVY RD SHOPPING CENTER 2ND ADDN Lot Number 9 and 10 New Financing Cash OnlyConventional Possession Lease Possession NegotiablePossession at Closing Sale Includes Building and Land Tenant Pays All UtilitiesCommon Area MaintenanceFire InsuranceLiability InsuranceTaxesTrash Removal Type Usage Food Service Zoning Comme

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of Cordova Realty, Inc.: 901-685-2828.



© 2024 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2024-07-18T14:04:29.273.
 
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