EXPRESS OIL
4,748 SF | Retail Building | Jackson, TN 38305 | $2,200,000 ($463/SF) | 6% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,200,000
- Property Type
-
Retail
- Square Feet
- 4,748 SF
- Price / Square Foot
- $463
Listing Contacts
Clay Smith
Verified Profile
Harrison Wachtler
Verified Profile
Keegan Mulcahy
Verified Profile
Hutt Cooke
Verified Profile
- Property Info
Property Overview
Broker of Record
Hutt Cooke
License No. 263667 (TN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Hutt Cooke
License No. 263667 (TN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Details
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Vehicle Related
- Lot Size (sq. ft)
- 24,394 SF
Highlights
- New Construction – Building currently being constructed
- Long Term Lease – New 15-year lease with built in 7.5% increases every 5 years.
- Large Lot – Sitting on a lot of ±0.70 acres with ample parking for customers
- Heavy Traffic Counts – Highland Ave sees over ±20,900 VPD
- Ease Of Access – Located directly next Walgreens and near Kroger offering high visibility.
- Essential Services – Automotive services are essential and recession-resistant, ensuring continuous demand regardless of economic fluctuations
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