Log In/Sign Up
Your email has been sent.
1929 Highway 45 Byp 2,392 SF Retail Building Jackson, TN 38305 $6,501,933 CAD ($2,718.20 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease
- 2% Annual Rent Escalations
- Located Near I-40 and US-45 Bypass with 44,000 VPD
- No Landlord Responsibilities
- Strategically Positioned in Growth Corridor
- Opportunity to Add EV Charging Infrastructure
EXECUTIVE SUMMARY
This is a passive, income-producing NNN investment in Jackson, TN. The property is leased to a Mobil gas station operator paying $367,200 annually with 2% yearly increases. Located off I-40 and US-45, the station sees over 44,000 VPD. This hands-off investment features a true triple net lease and a strong corporate and personal guarantee.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,392 SF
Building Class
B
Year Built
2017
Price
$6,501,933 CAD
Price Per SF
$2,718.20 CAD
Cap Rate
7%
NOI
$455,135 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
C2 - Highway Business District
Parking
12 Spaces (5.02 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 055O-C-009.00 | Improvements Assessment | $156,716 CAD |
| Land Assessment | $264,412 CAD | Total Assessment | $421,128 CAD |
PROPERTY TAXES
Parcel Number
055O-C-009.00
Land Assessment
$264,412 CAD
Improvements Assessment
$156,716 CAD
Total Assessment
$421,128 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1929 Highway 45 Byp
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.