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- LoopNet Team
11615 Highway 70
Arlington, TN 38002
Arlington Shops · Retail Property For Sale
PROPERTY FACTS
- 311 ft on Airline Rd
- 193 ft on Us-70 Hwy
Amenities
- Signage
- Drive Thru
About 11615 Highway 70 , Arlington, TN 38002
The Arlington Shops is a 15,775 square foot, high-quality, grocery anchored retail shopping center in the heart of Arlington, TN, the fastest growing community in the Memphis MSA and the 3rd fastest in the state of Tennessee. At 91.13% occupancy, the center boasts a current NOI of approximately $238,814 and features national recognized tenants including UPS, Subway, Pizza Hut, and Goodwill. Located in the Northeast submarket, the property enjoys frontage along Highway 70 as well as Airline Road, with convenient access to Interstate 40, Highway 385, Arlington High School and neighboring communities. The Arlington Shops feature functional design with good visibility, ingress/egress, generous parking and signalized access to approximately 16,000 ± cars per day along Highway 70. The center benefits from cross-shopping with a separately owned Kroger location, currently the only grocery operator in the town of Arlington. With a stable operating history and the benefit of a strategic location, the property offers investors a reliable high-quality income stream and the opportunity for income growth with conservative fundamentals.
Links
PROPERTY TAXES
Parcel Number | A0-141-0-0378 | Improvements Assessment | £712,028 |
Land Assessment | £148,171 | Total Assessment | £860,199 |
PROPERTY TAXES
Listing ID: 13976516
Date on Market: 05/10/2018
Last Updated:
Address: 11615 Highway 70, Arlington, TN 38002
The Retail Property at 11615 Highway 70, Arlington, TN 38002 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.