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1000 Vann Dr 20,000 SF 74% Leased Retail Building Jackson, TN 38305 $5,135,000 ($256.75/SF) 6.87% Cap Rate
Investment Highlights
- High Traffic Count
- Prime Location
- Established National Tenancy
Executive Summary
Prime Retail Investment / Lease Opportunity – 1000 Vann Drive, Jackson, TN
Fantastic retail strip center located in one of Jackson’s most highly trafficked commercial corridors, just off Interstate-40 (Exits 79 & 80) and in the heart of the city’s strong retail and services node. Jackson is the regional trade center of West Tennessee with a population of ~68,000 in the city and broader metro support exceeding 180,000 consumers.
This well-positioned property benefits from excellent visibility and access from Vann Drive, a primary east-west arterial linking major residential neighborhoods with retail, dining, healthcare, and employment centers.
The center is anchored by established national and community-focused tenants, including:
• MyEyeDr. – A strong optometry and eyewear destination drawing consistent patronage with health-focused services and repeat customers, enhancing center foot traffic.
• A military recruitment and services office (US Army / Armed Services Career Center) offering community career services and steady visitor counts.
Property Highlights:
• Retail strip center with multiple tenant bays suited for professional office, retail, medical/health services, and service-oriented uses.
• Strong daily vehicle counts and signalized intersections nearby provide exceptional exposure.
• Abundant surface parking serving tenants and customers.
• Located in a dominant retail corridor with proximity to national anchors, grocers, banks, and dining options.
Location Advantages:
• Immediate access to Interstate-40 and U.S. Highway connections supports regional draw and commuter exposure.
• Surrounded by dense daytime workforce and residential population within the Jackson Metro area.
• Close proximity to additional service and retail nodes reinforces tenant synergy and cross-shopping.
Ideal for investors seeking stable, long-term tenancy in a high-demand West Tennessee retail center, or for expanding service-oriented businesses seeking superior location and customer accessibility.
Fantastic retail strip center located in one of Jackson’s most highly trafficked commercial corridors, just off Interstate-40 (Exits 79 & 80) and in the heart of the city’s strong retail and services node. Jackson is the regional trade center of West Tennessee with a population of ~68,000 in the city and broader metro support exceeding 180,000 consumers.
This well-positioned property benefits from excellent visibility and access from Vann Drive, a primary east-west arterial linking major residential neighborhoods with retail, dining, healthcare, and employment centers.
The center is anchored by established national and community-focused tenants, including:
• MyEyeDr. – A strong optometry and eyewear destination drawing consistent patronage with health-focused services and repeat customers, enhancing center foot traffic.
• A military recruitment and services office (US Army / Armed Services Career Center) offering community career services and steady visitor counts.
Property Highlights:
• Retail strip center with multiple tenant bays suited for professional office, retail, medical/health services, and service-oriented uses.
• Strong daily vehicle counts and signalized intersections nearby provide exceptional exposure.
• Abundant surface parking serving tenants and customers.
• Located in a dominant retail corridor with proximity to national anchors, grocers, banks, and dining options.
Location Advantages:
• Immediate access to Interstate-40 and U.S. Highway connections supports regional draw and commuter exposure.
• Surrounded by dense daytime workforce and residential population within the Jackson Metro area.
• Close proximity to additional service and retail nodes reinforces tenant synergy and cross-shopping.
Ideal for investors seeking stable, long-term tenancy in a high-demand West Tennessee retail center, or for expanding service-oriented businesses seeking superior location and customer accessibility.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,000 SF
Building Class
B
Year Built
2005
Price
$5,135,000
Price Per SF
$256.75
Cap Rate
6.87%
NOI
$352,775
Percent Leased
74%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
2.33 AC
Zoning
SC-1 Planned Commercial
Nearby Major Retailers
Property Taxes
| Parcel Number | 055-008.40 | Improvements Assessment | $536,000 (2025) |
| Land Assessment | $421,280 (2025) | Total Assessment | $957,280 (2025) |
Property Taxes
Parcel Number
055-008.40
Land Assessment
$421,280 (2025)
Improvements Assessment
$536,000 (2025)
Total Assessment
$957,280 (2025)
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1000 Vann Dr
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