For Lease
$6.50/SF/YR

224 Royal St Jackson, TN 38301

High-traffic location, 8,000 SF vacant.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 9,878 square foot retail property, situated on a one-acre lot at 224 N Royal St, offers a unique investment opportunity. Currently featuring a vacant 8,000 square foot space, previously occupied by a Family Dollar, this single-tenant building presents significant potential for a variety of businesses. Built in 2003, the Class B property boasts a single story design and ample parking with 25+ spaces. The building is equipped with 220-volt power. Its strategic location benefits from high traffic volume, enhanced by two red lights at the intersection with Lexington Street. The property is zoned B-4, allowing for a range of commercial uses. The asking price for the building is $700,000. Alternatively, the vacant space is available for lease at a monthly net-net-net (NNN) rent of $4,333.33, or $6.50 per square foot annually NNN. The property also presents the potential for development of an outparcel on additional available land. Available January 1, 2024. Inquire for lease details on suites 220 and 222.

Highlights

  • High-traffic retail location with two traffic signals.
  • 8,000 SF vacant space, formerly a Family Dollar, available January 1, 2024.
  • NNN lease rate: $4,333.33/month or $6.50/SF annually.
  • Building also available for sale at $700,000.
  • Potential for additional land development.

Property Details for 224 Royal St

Property type
Specialty properties, Retail properties
RSF (Rentable sq. ft)
9,878 SF
Class
B
Year Built
2003
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
8,000 SF
Rate per SF
$6.50

Location Insight

City
Jackson
County
Madison
State
Tennessee
Latitude
35.6160638
Longitude
-88.8121551

FAQs

What type of property is this?
Specialty property - High-traffic location, 8,000 SF vacant.
Where is the specialty property located?
The property is located at 224 Royal St Jackson, TN.
What is the lease rate?
The lease rate is $6.50/SF/YR.
What are key features of this property?
This property features: High-traffic retail location with two traffic signals.; 8,000 SF vacant space, formerly a Family Dollar, available January 1, 2024.; NNN lease rate: $4,333.33/month or $6.50/SF annually.
How can I contact the broker?
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224 Royal St
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