1929 Highway 45 Byp - Convenience Store FOR SALE


Jackson, TN 38305
$4,700,000 USD
310-432-6400
1929 Highway 45 Byp, Jackson, TN for Sale
$4,700,000 USD
Convenience Store - FOR SALE
1/5
null | 7% Cap Rate

1929 Highway 45 Byp
Jackson, TN 38305


HIGHLIGHTS

  • Absolute NNN Lease
  • No Landlord Responsibilities
  • 2% Annual Rent Escalations
  • Strategically Positioned in Growth Corridor
  • Located Near I-40 and US-45 Bypass with 44,000 VPD
  • Opportunity to Add EV Charging Infrastructure

OVERVIEW

This is a passive, income-producing NNN investment in Jackson, TN. The property is leased to a Mobil gas station operator paying $367,200 annually with 2% yearly increases. Located off I-40 and US-45, the station sees over 44,000 VPD. This hands-off investment features a true triple net lease and a strong corporate and personal guarantee.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$3,038 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

0.47 AC

LAND SF

20,473 SF

ZONING

C2

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 Notice.