The Falls Retail Phase 3, Arlington, Tennessee 38002
The Falls Retail Phase 3, Arlington, TN is a retail for lease in Arlington, Tennessee. Key details: building size 34,125 sqft, lot size 34,125 sqft, building status Existing. Listed by Shawn Massey CCIM, CRRP, ALC of TSCG - The Shopping Center Group on LoopingCloud and last updated April 30, 2026.
Elevate your brand’s presence in one of West Tennessee’s most dynamic markets. The Falls Retail Phase 3 is a highly anticipated, brand-new retail development strategically positioned near the bustling intersection of Airline Road and Milton Wilson Boulevard. This proposed shopping center offers versatile, modern commercial space designed to serve the rapidly expanding residential and student population of Arlington.
With a total of 34,125 SF of premium retail and restaurant space coming to market, this development provides the ideal foundation for national retailers, local boutiques, and dining establishments looking to secure a foothold in a high-growth corridor.
The Falls Retail Phase 3 is designed with flexibility in mind, offering four distinct buildings to accommodate various business models and square footage requirements.
Total Available Space: 34,125 SqFt
Min. Divisible: 2,325 SqFt (Ideal for boutique retail or cafe)
Max. Contiguous: 17,800 SqFt (Perfect for an anchor or junior anchor tenant)
Building Options:
Building A: 17,800 SF – Large-scale retail/showroom
Building B: 7,600 SF – Multi-tenant or flagship retail
Building C: 6,400 SF – Service-oriented or specialty retail
Building D: 2,325 SF – Dedicated Restaurant Space (Proposed)
Success in the retail sector is driven by visibility and volume. The Falls Retail Phase 3 sits at the heart of Arlington's commercial activity, benefiting from incredible daily exposure and institutional anchors.
Educational Anchor: Located directly across from Arlington High School, which serves a massive student population of over 2,500 students, plus faculty, staff, and families, creating consistent daily foot and vehicle traffic.
Exceptional Traffic Counts:
Milton Wilson Blvd: 14,466 AADT
Airline Road: 12,667 AADT
Regional Connectivity: Situated less than a mile from Interstate 40, the property offers seamless access for commuters traveling between Memphis and Nashville, making it a regional destination rather than just a local stop.
Joining The Falls Phase 3 means positioning your business alongside some of the most recognized names in retail and dining. The immediate area is a proven commercial hub, ensuring a steady stream of consumers already accustomed to shopping in this corridor.
Notable Area Neighbors Include:
Retail & Service: AutoZone, Dollar General, O'Reilly Auto Parts, Sherwin-Williams Paint, and Fred's.
Dining & Finance: McDonald’s, Sonic Drive-In, Olympic Steakhouse, and Regions Bank.
As Arlington continues to evolve into a premier residential destination, the demand for high-quality, new-construction retail space has never been higher. Whether you are looking for a restaurant for lease in Arlington, TN with high visibility or a large anchor retail space near I-40, this development offers modern architecture, ample parking, and the best demographics in the region.
Position your business for long-term growth in Arlington’s newest retail landmark. Contact us today for undisclosed leasing terms, site plans, and to reserve your unit in The Falls Retail Phase 3.
Key highlights
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Address as shown by the lister.
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The property is in The Falls Retail Phase 3, Arlington, Tennessee 38002, Fayette County.
This is a retail for lease in the commercial category.
The building is 34,125 sqft. The lot is 34,125 sqft.
Shawn Massey CCIM, CRRP, ALC of TSCG - The Shopping Center Group listed this property. Use the Request Info button to send a message or call (910) 461-7070.
It was published on April 30, 2026 and last updated on April 30, 2026.
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