1017 Vann Dr - Retail FOR SALE


Jackson, TN 38305
$4,125,000 USD
800-748-9254
1017 Vann Dr, Jackson, TN for Sale
$4,125,000 USD
Retail - FOR SALE
1/19
null | 6.27% Cap Rate

1017 Vann Dr
Jackson, TN 38305


HIGHLIGHTS

  • Stand Alone Retail Investment Opportunity in The Columns Development
  • National Tenant : Verizon with options
  • The Columns Development is Jackson's Premiere Retail location with over 600,000 SF of Development
  • 45,000 ADDT at Entry to the Columns
  • Primary Exit for Interstate 40 and Exit 80. 60,000 ADDT
  • The Columns Anchors: Home Depot-Best Buy-Hobby Lobby-Kohl's-Dick's and many other National Retailers

OVERVIEW

Premier Retail Investment Opportunity. Stand Alone Verizon Building w/ National Credit Lease. New Renewal April 1, 2025 with 7 Year Term NNN Lease on a 1.44 Acre Lot. Located in The Columns, West TN #1 Retail Development with over 600,000 Square Feet of Retail, Restaurant, Hospitality and Much More. This location boast over 45,000 ADDT at entrance to The Columns and is the primary exit for Interstate 40 Exit 80 with 60,000 ADDT. This retail location serves a MSA Potential of 300,000. Private Remarks: This property can not be shown, occupied by National Tenant. Must have Fully Executed PSA with Bank Letter prior to any viewing or full Lease review. Offering Memorandum available upon request.

FOR SALE DETAILS

PRICE

$4,125,000 USD

PRICE/SF

$680 USD /SF

CAP RATE

6.27%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

SC 1

APN/PARCEL ID

055-008.39

ASK ABOUT THIS PROPERTY

Chris CarothersHickman Realty Group, Inc. Commercial Div.More Info
800-748-9254

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Chris CarothersHickman Realty Group, Inc. Commercial Div.More Info
800-748-9254

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.