38002 Archives | Sands Investment Group

Sands Investment Group is Pleased to Exclusively Offer For Sale the 18,000 SF Falls at Arlington Village Asset Located at 5291 Airline Road in Arlington, TN. This Deal is Situated on 3 Acres, With Gross Leasable Area of 18,000 Square Feet, the Center Benefits From Close Proximity to Major Retail Tenants Such as Kroger, Whataburger, Starbucks, AT&T, Chipotle and More, Providing For a Secure Investment.

Arlington is Situated in the Memphis MSA Within 30 Minutes of the City Center Providing Access to a Large and Diverse Consumer Base While Benefiting From Proximity to Major Employers and Transportation Hubs Such as I-40
Arlington’s Population Has Grown Over 34% Since 2010, Reaching Approximately 15,435 in 2024, Driven By Suburban Expansion
The Area Boasts a Median Household Income of $125,332, Significantly Higher Than State and National Averages
Limited Retail Space in Arlington, Coupled With a Growing Population, Creates a High-Demand Environment With Low Vacancy Rates, Ensuring Stable Rental Income and Consistent Cash Flow
Situated on 3 Acres, With a Gross Leasable Area of 18,000 Square Feet, the Center Benefits From Close Proximity to Major Retail Tenants Such as Kroger, Whataburger, Starbucks, AT&T, Chipotle and More
With a 93% Occupancy Rate and Only 1,200 SF Vacant, the Center Offers Reliable Cash Flow With Opportunities For Growth Through Lease-up
Strategically Positioned Less Than a Mile From I-40 (47,854 VPD), Offering Excellent Visibility and Dual Access From Milton Wilson Drive (7,378 VPD) and Airline Road (15,107 VPD)
The Property Features a Current CAP Rate of 6.47% and a Proforma CAP Rate of 7.04%, Highlighting Its Potential For Increased Returns as Leases Stabilize
Built in 2022, the Property is a New, High-Quality Asset With Minimal Maintenance Requirements, Adding to Its Long-Term Value and Appeal

In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973 BoR: Tom Gorman – Lic. TN #370394

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Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,225 SF O’Reilly Auto Parts NN Asset at 5355 Airline Road in Arlington, Tennessee. The High-Quality Tenant is a Publicly Traded (NASDAQ: ORLY) Fortune 500 Company With an S&P Investment Grade Credit Rating of BBB and Has a Strong Corporate Guarantee, Providing For a Secure Investment.

Over 17 Years Remaining on a NN+ Lease With Minimal Landlord Responsibilities
Strong Corporate Guarantee From O’Reilly Auto Parts
Investment Grade Tenant (BBB)
Tenants Sits on a Large 1.33 Acre Lot
O’Reilly Was Founded in 1957 and Currently Has 5,710 Stores in 47 U.S. States and 22 ORMA Stores in Mexico
Essential Business – E-Commerce, Recession and COVID Proof
Located in an Income Tax Free State
Located Directly Off of Milton Wilson Blvd Which Sees Over 2,061 VPD
Strong Demographics – Population of 22,694 Residents Making an Average Household Income of $132,252 Within a 5-Mile Radius
Arlington is the 2nd Fastest Growing Community in the State of Tennessee
Shelby County is the Largest of the State’s 95 Counties and Part of the Memphis MSA
Neighboring Tenants Include: RedMed Urgent Clinic, Sherwin Williams Paint Store, Regions Bank, Children’s Dental Center, Olympic Steak & Pizza, OrthoOne, Advanced Dermatology & Skin Cancer Associates and Many More