1929 Highway 45 Byp - Convenience Store FOR SALE


Jackson, TN 38305
$5,245,714 USD
310-432-6400
1929 Highway 45 Byp, Jackson, TN for Sale
$5,245,714 USD
Convenience Store - FOR SALE
1/5
null | 7% Cap Rate

1929 Highway 45 Byp
Jackson, TN 38305


HIGHLIGHTS

  • True Triple Net Lease with 0 Landlord Responsibilities
  • 2% Annual Rent Increases
  • Located just off I-40 with 44,000+ VPD

OVERVIEW

This is a passive, 100% NNN-leased Mobil gas station investment with no landlord responsibilities, offering reliable cash flow and long-term income security. The tenant—an experienced fuel operator with over six locations—generates $367,200 in annual base rent, with 2% fixed annual increases, providing built-in rent growth and inflation protection. Strategically located along US-45 Bypass just off Interstate 40, the site benefits from over 44,000 vehicles per day in one of West Tennessee’s busiest commercial corridors. Surrounded by national retailers, shopping centers, and dense residential communities, the property maintains consistent demand and strong tenant performance. This asset is ideal for investors seeking: A truly passive net-leased investment A corporate and personal lease guarantee Exposure to a high-growth Southeastern market Potential upside with EV charging infrastructure With long-term stability and zero management requirements, this investment represents a secure cash-flowing asset in a high-visibility, high-traffic location.

FOR SALE DETAILS

PRICE

$5,245,714 USD

PRICE/SF

$3,391 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,483 SF

ZONING

B5

APN/PARCEL ID

055O-C-009.00

ASK ABOUT THIS PROPERTY

Max LevinKW CommercialMore Info
310-432-6400

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Max LevinKW CommercialMore Info
310-432-6400

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