Exciting Developments in Millington’s Real Estate Scene!

Exciting Developments in Millington’s Real Estate Scene!

Hey there, Millington folks! Grab a cup of coffee and settle in because we’ve got some juicy news from the local commercial real estate scene. Right smack in the heart of Millington, that 1,830-square-foot retail space at 8457 U.S. Highway 51 has been sold! That’s right, folks; this isn’t just any old space – it’s got some fantastic neighbors like AT&T and Select Physical Therapy!

What’s the Buzz About?

So, here’s the scoop. The property was sold to a group known as Highway 51 Holdings for a whopping $1.4 million. Can you believe it? That’s quite the investment in our community! The previous owner, Mirabile Properties, made the sale possible through the adept skills of their broker, Raushanah “RL” Morgan from Myers Commercial Real Estate. It’s always great to see our local businesses thriving and making smart decisions!

Meet the New Players

On the flip side, the buyers were represented by Tom Marsh from Trezevant Realty Corp, and this partnership seems to hold promise for the future of the property. With AT&T and Select Physical Therapy as co-tenants, it’s clear that this retail space is already buzzing with activity and customer footfall.

Now, we all know how important it is for our area to have robust commercial properties that can attract more businesses and customers. The sale not only signifies growth but also reflects the ongoing interest in Millington as a prime spot for retail ventures.

What Lies Ahead?

So, what’s next? Well, you might be wondering about the future plans for this newly acquired space. While specifics haven’t been revealed just yet, it’s fun to speculate! Will we see more tech options? Could health and wellness services expand even more? Only time will tell, but it surely makes us excited to see what cool developments could arise!

Community Comes First

Let’s take a moment to acknowledge how important it is to support our local journalism. Subscribing to your favorite local news sources ensures that the dedicated journalists and reporters keep working hard to shine a light on the issues impacting our community. Your support goes a long way, helping fuel nearly 40 local journalists and over 20 freelancers who work tirelessly to deliver the stories that matter most and keep us all informed.

Make Your Voice Heard!

Have something to say about the new retail space? Feel like joining the conversation? Now’s your chance! You can share your thoughts by subscribing and engaging with comments on the articles that get you talking. Remember, your voice matters, and it contributes to meaningful discussions around important topics! And for those interested in keeping up with the latest business news, signing up for email updates is a great way to stay in the loop!

In Closing

As we see more exciting transactions like this in Millington, let’s hold onto our hats, because the future looks bright! Whether you’re a local business owner or just a Millington resident enjoying the community we have, it’s thrilling to witness how our town continues to evolve. Who knows? The next time you’re driving down Highway 51, you may just spot a brand new store popping up, all thanks to the bustling commercial real estate market!

Stay tuned, Millington – the best is yet to come!

Author: HERE Memphis