For Sale
$1,900,000

31 Physicians Dr Jackson, TN 38305

Class A Medical Office, 8,585 SF, $1.9M

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 8,585-square-foot Class A medical office building in Jackson, Tennessee, presents a unique investment opportunity. Located at 31 Physicians Drive, this single-story property sits on a generous 40,075.2-square-foot lot and was built in 1993, undergoing a complete renovation in 2008. The building is ideally suited for a large medical practice or could easily accommodate two doctors sharing the space. The well-designed layout includes a spacious reception area, a procedure room, twelve exam rooms, a conference room, and two private doctor's offices, among other amenities. The building features 7,214 square feet of finished space on the ground floor and an additional 1,371 square feet of finished space upstairs. The current tenant will vacate at the end of November. The owner is open to considering lease offers with a minimum five-year term at a net-net-net (NNN) rate of $23.00 per square foot, contingent upon acceptable credit. Potential buyers or tenants should be aware that some restrictions may apply per existing restrictive covenants. The asking price for the property is $1,900,000.

Highlights

  • $1,900,000 asking price.
  • 8,585 square foot office building.
  • Medical/Executive office space.
  • Located at 31 Physicians Drive, Jackson, TN 38305.
  • One-story building on a 40,075.2 square foot lot, built in 1993.
  • Completely renovated in 2008.

Property Details for 31 Physicians Dr

Property type
Office properties, Medical offices
Square Feet
8,585 SF
Year Built
1993
Stories
1

Location Insight

City
Jackson
County
Madison
State
Tennessee
Latitude
35.6830233
Longitude
-88.8517968

FAQs

What type of property is this?
Office property - Class A Medical Office, 8,585 SF, $1.9M
Where is the office property located?
The property is located at 31 Physicians Dr Jackson, TN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: $1,900,000 asking price.; 8,585 square foot office building.; Medical/Executive office space.
How can I contact the broker?
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31 Physicians Dr
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