23 Heritage Sq - Freestanding FOR SALE


Jackson, TN 38305
$875,000 USD
800-748-9254
23 Heritage Sq, Jackson, TN for Sale
$875,000 USD
Freestanding - FOR SALE
1/27
null | 1.04% Cap Rate

23 Heritage Sq
Jackson, TN 38305


HIGHLIGHTS

  • Showroom / Warehouse in Central Location 1/2 mile south of Interstate 40 Exit 80
  • Space can be subdivided for Multiple Tenant options.
  • Owner Occupant opportunities to occupy 1 portion and lease out balance as needed.
  • Showroom and Warehouse options Battery / Parts / Construction Supply Lots of options
  • Retail Sales and Service with Truck dock access.
  • Large Lot for Retail Traffic or Truck Access .

OVERVIEW

Investment Opportunity for Owner Occupant or Investor. Great Flex facility 23,200 Sq Ft Retail / Showroom & Warehouse 1 mile from Interstate 40 and Exit 82. Convenient to all of West Tennessee. Currently a Night Club Occupies One Bay. Multiple Bays Can be subdivided into 5 Potential Flex Spaces. 15,000 Showroom or 3 (5000 SqFt bays +-) and a separate 3200 SqFt warehouse. Appx 8,200 SqFt of Warehouse. 14' Eve with Roll up door access and a Truck Dock in the 3200 Sq Ft. Warehouse Building. Bar and Lounge is current Tenant Month to Month in the 5000 Sq Ft. NE portion pays $7,500.00 month MG. Currently 2 other tenants pay 800 each for $9100 monthly month to month. Still leave 5000 sqft of retail space and back warehouse space for storage for lease.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

1.04%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

CROSS STREETS

Old Hickory Blvd

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

Commercial

APN/PARCEL ID

055O-A-001.02

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 Policy.