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Get In TouchFalls at Arlington Village | Arlington, TN
Chicken Salad Chick, My Eye Doctor, Playa Bowls, Sport Clips, Wingstop
5291 Airline Road - Arlington, TN 38002
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
Chicken Salad Chick, My Eye Doctor, Playa Bowls, Sport Clips, Wingstop
5291 Airline Road - Arlington, TN 38002
CHICKEN SALAD CHICK
Chicken Salad Chick serves full-flavored, Southern-style chicken salad made from scratch and served from the heart. With more than a dozen original chicken salad flavors as well as fresh side salads, gourmet soups, signature sandwiches and delicious desserts, Chicken Salad Chick’s robust menu is a perfect fit for any guest. Founded in Auburn, Alabama, by Stacy and Kevin Brown, in 2008, Chicken Salad Chick has grown to more than 280 restaurants in 20 states. Today, under the leadership of Scott Deviney and the Chicken Salad Chick team, the brand is continuing its rapid expansion with both franchise and company locations. Chicken Salad Chick has received numerous accolades including rankings in the 2023 Entrepreneur Franchise 500, Franchise Times’ Fast & Serious for the third consecutive year, Fast Casual.com’s top Movers and Shakers from 2018 to 2023, QSR’s Best Franchise Deals in 2019, 2020 and 2022, and Franchise Business Review’s Top Food Franchises in 2020.
WINGSTOP INC.
Founded in 1994 and headquartered in Dallas, TX, Wingstop Inc. (NASDAQ: WING) operates and franchises more than 2,450 locations worldwide. The Wing Experts are dedicated to Serving the World Flavor through an unparalleled guest experience and a best-in-class technology platform, all while offering classic and boneless wings, tenders, and chicken sandwiches, cooked to order and hand sauced-andtossed in fans’ choice of 12 bold, distinctive flavors. Wingstop’s menu also features signature sides including fresh-cut, seasoned fries and freshly-made ranch and bleu cheese dips. In fiscal year 2023, Wingstop’s system-wide sales increased 27.1% to approximately $3.5 billion, marking the 20th consecutive year of same store sales growth. With a vision of becoming a Top 10 Global Restaurant Brand, Wingstop’s system is comprised of corporate-owned restaurants and independent franchisees, or brand partners, who account for approximately 98% of Wingstop’s total restaurant count of 2,458 as of September 28, 2024.
SPORT CLIPS HAIRCUTS
Sport Clips Haircuts is headquartered in Georgetown, Texas. It was established in 1993 and began franchising in 1995. The sports-themed haircutting franchise, which specializes in haircuts for men and boys, offers online check in for clients, and ranks #44 in the Entrepreneur “Franchise 500” for 2024 and was named a 2024 Top Franchise by Franchise Business Review. There are almost 1,800 Sport Clips stores open in the U.S. and Canada. Sport Clips is the “Official Haircutter” of the Veterans of Foreign Wars (VFW), offers veterans preferential pricing on haircuts and franchises, and was named a 2021 Top Franchise for Veterans by Entrepreneur. Sport Clips provides “Haircuts with Heart” through its annual Help A Hero fundraiser that has contributed $14 million to the VFW; national partnership with St. Baldrick’s Foundation, the largest private funder of childhood cancer research grants; and other national and local philanthropic outreach. Sport Clips is a proud sponsor of NASCAR’s Joe Gibbs Racing team, and partners with other NCAA and professional sports teams.
BOT’S FITNESS BOXING
Bot’s Fitness Boxing Memphis isn’t just for boxing enthusiasts like Kevin. Boxing is about speed, balance, and hand-eye coordination. The only boxing class of its kind in the greater Memphis area, boxing can help you lower your golf handicap, hit more homeruns, get more sacks, have the energy for overtime, finish that marathon you’ve been wanting to run, all while building confidence, self-esteem, and learning self-defense. During our hour long classes, we have people from all walks of life with their own unique goals training together. Ultimately, this creates a team/family environment that is supportive and encouraging to your own personal improvement. Bot’s Boxing Fitness Memphis and the coaches and staff at Memphis Judo & Jiu-Jitsu / Collierville Fitness Kickboxing welcome people of all ages, skill, and fitness levels, and we look forward to helping you see past your current potential, reach new levels of personal fitness success, build confidence, and get fit without getting hit!
REAL WELLNESS & AESTHETICS
At REAL Wellness and Aesthetics, we stand out from the rest. Our team of highly experienced doctors and nurses prioritize your health and wellbeing, ensuring you receive the personalized care you deserve. With advanced treatment options and a patient-first approach, we are committed to helping you achieve your wellness goals. We offer a range of services in aesthetics, wellness, and sexual performance, all meticulously designed to enhance your overall wellbeing and help you lead your most fulfilled life. Discover the REAL difference today.
PLAYA BOWLS
Known as New Jersey’s original acai bowl shop, Playa Bowls is the nation’s leading superfruit bowl shop serving up an extensive and unique menu of over 40 items including the bright flavors of acai, pitaya, mango, green, and coconut bowls alongside oatmeal bowls, juices, smoothies, and cold brew made with the freshest, high-quality ingredients. What began as a pair of blenders, a patio table, and a fridge in 2014 has flourished into more than 250 shops nationwide that operate in 22 states, thousands of employees, and a mission to lead communities in healthy, sustainable living. The rapidly growing franchise has received numerous accolades including Forbes 30 Under 30, Fast Casual’s Top 100 Movers & Shakers, QSR Young Leaders to Watch, and finalist for Ernst & Young Entrepreneur of the Year Award.
MYEYEDR.
MyEyeDr. is the nation’s premier vision healthcare provider, delivering comprehensive eye care and eyewear solutions, meeting their patients’ unique optical needs for over 20 years. Spanning across 31 states and the District of Columbia with over 850 locations nationwide, MyEyeDr. has been recognized by the American Optometric Association (AOA), among others, for its commitment to helping people have the clear vision they need to accomplish what they desire most in life. MyEyeDr. was honored as the #1 Eyewear retailer for “America’s Best Customer Service for 2024” from Newsweek.
TAZIKI’S MEDITERANEAN CAFE
Founded by Keith and Amy Richards in 1998, Taziki’s Mediterranean Café is headquartered in Birmingham, Alabama. Taziki’s is a fresh celebration of the Mediterranean diet with a colorful menu that offers handcrafted, elevated, affordable food the entire family enjoys. Much of the original menu is still the same, with added efficiency in the process and technology to make the brand a systemsdriven, scalable operation. Taziki’s continues to grow with nearly 100 locations operating today. With opportunities in every state, Taziki’s has a wide network of resources for franchise partners that allows anyone to bring the Mediterranean lifestyle to their neighborhood.
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Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
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