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220-224 N Royal St 8,000 SF Vacant Retail Building Jackson, TN 38301 $700,000 ($87.50/SF)

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INVESTMENT HIGHLIGHTS

  • High Traffic Location
  • Multi Tenant Strip Center 2 spaces leased.
  • Extra lot out front for additional development

EXECUTIVE SUMMARY

High traffic retail location. 2 red lights. 8,000 sq ft. Location, Vacant Family Dollar. Available 1-1-2024. Asking price of $4,333.33 is monthly NNN Rent or $6.50 PSF NNN annually. Building Also for Sale $700,000.00 Call for Lease details on suites 220 and 222. Potential out parcel with additional land

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront
Building Size
8,000 SF
Building Class
C
Year Built
2004
Price
$700,000
Price Per SF
$87.50
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.99 AC
Opportunity Zone
Yes
Zoning
B-4 - B-4
Parking
50 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
302’ on College St

AMENITIES

  • Bus Line
  • Corner Lot
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 8,000 SF
  • Retail
  • End Cap
  • Now

High traffic retail location. 2 red lights. 8,000 sq ft. Location, Potential redevelopment for Convenience Store if Purchased. Asking price of 8000 sqft Lease: $4,333.33 is monthly NNN Rent or $6.50 PSF NNN annually. Building Also for Sale $700,000.00 Call for Lease details on suites 220 and 222. Potential out parcel with additional land. Great Investment Opportunity.

Space Size Space Use Position Available
1st Floor 8,000 SF Retail End Cap Now

1st Floor

Size
8,000 SF
Space Use
Retail
Position
End Cap
Available
Now

1st Floor

Size 8,000 SF
Space Use Retail
Position End Cap
Available Now

High traffic retail location. 2 red lights. 8,000 sq ft. Location, Potential redevelopment for Convenience Store if Purchased. Asking price of 8000 sqft Lease: $4,333.33 is monthly NNN Rent or $6.50 PSF NNN annually. Building Also for Sale $700,000.00 Call for Lease details on suites 220 and 222. Potential out parcel with additional land. Great Investment Opportunity.

NEARBY MAJOR RETAILERS

Cadence Bank
Regions Bank
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
078O-A-001.00
Land Assessment
$24,080
Improvements Assessment
$197,920
Total Assessment
$222,000
  • Listing ID: 33521717

  • Date on Market: 10/15/2024

  • Last Updated:

  • Address: 220-224 N Royal St, Jackson, TN 38301

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