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6347 Navy Rd

Millington, TN 38053
  • $2,000,000
  • STATUS: Active
  • ON SITE: 95 Days
  • MLS #: 10180095
UPDATED: 33 min ago
$2,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1956
County:

School Ratings & Info

Description

Fully leased strip center 3 tenant and owner owned coin laundromat. 7.97 cap rate when average income from laundry is included. All laundry equipment is attached to the building and is included in the sale. Parking lot has 106 unassigned parking spaces. Call listing agent for walk through. Roof warranty expires Oct 29, 2028.

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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: 2024-12-02T11:03:43.773.
www.gowenpropertygroup.com/homes/154274910
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6347 Navy Rd Millington, TN 38053

  • Price: $2,000,000
  • Status: Active
  • On Site: 95 Days
  • Updated: 33 min ago
  • MLS #: 10180095
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1956
Built
Neighborhood:
H S Mitchell Sec A
County:
Shelby
Area:
Millington - East
Property Description
Fully leased strip center 3 tenant and owner owned coin laundromat. 7.97 cap rate when average income from laundry is included. All laundry equipment is attached to the building and is included in the sale. Parking lot has 106 unassigned parking spaces. Call listing agent for walk through. Roof warranty expires Oct 29, 2028.
Exterior Features

Buildings 1 Location Strip Center Lot Size 2.27AC330X308.43/290 Parking Facility 76 or More SpacesAsphalt/Blacktop Road Frontage US Highway Roof Flat Truck Loading Door Height 9-12 Feet

Interior Features

Average Ceiling Height 16-20.9 Feet Cooling System Central CoolingGas Cooling Floors Other Flooring Foundation Slab Heating System CentralGas Hot Water Gas Hot Water Improved Sq Ft 13350 Leaseable Sq Ft 13350 Seating Capacity 76-100

Property Features

Actual Annual Rent 105072 Annual City Tax 0 Annual County Tax 8701 Annual Insurance Expenses 5334 Annual Misc Income 78000 Annual Operating Expenses 12000 Average Annual Utilities 12000 Commercial Type Commercial Existing Financing Conventional Fixed Information Available LeasesRent RollTax Info Available Legal Subdivision Name MITCHELL H S SEC A Lot Number 3 Miscellaneous 220 Volt PowerPole SignRoof Sign New Financing Conventional Percent Occupancy 100 Possession Lease 5-10 Years Lease Sale Includes Building and LandSome Equipment Tenant Pays All Utilities Type Usage Food ServiceRetail Zoning CMU-1

Listing information © 2024 Memphis Area Association of REALTORS®.
Listing provided courtesy of Tiger Realty: 901-872-0996.



© 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: 2024-12-02T11:03:43.773.
 
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5847 Getwell Rd, Bldg B1
Southhaven MS, 38672