For Sale
$1,500,000

209 Oil Well RdJackson, TN 38305

Class A, 6,384 SF, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional Class A medical office building, located at 209 Oil Well Rd in Jackson, Tennessee, is offered for sale with a leaseback option. The 6,384 square foot, two-story building boasts a modern, ergonomically designed layout perfectly suited for a variety of medical specialties. Features include three surgical treatment rooms, two post-op exam rooms, two recovery bays, a pre-op area, two large waiting areas, and two custom nurse stations. Additional amenities include an on-site X-ray room, a manager's office, ample storage throughout, and a convenient covered loading and unloading area. The upper level offers a full bathroom with shower, a kitchen area, a large breakroom/conference area, a private office with its own bathroom, a laundry room, and extensive storage. The building is currently 100% occupied, generating a net operating income (NOI) of $96,000 for the first year. The property is zoned SC-2 and is offered at $1,500,000, with a price per square foot of $234.96. This is a single-tenant, NNN lease property built 15 years ago. This turnkey operation presents a unique investment opportunity.

Highlights

  • Class A medical office building in Jackson, TN.
  • Designed for medical use, including pre-op area.
  • Two recovery bays.
  • Three surgical treatment rooms.
  • Two post-op exam rooms.
  • Two large waiting areas and two custom nurse stations.

Property Details for 209 Oil Well Rd

Property type
Office properties, Medical offices
Square Feet
6,384 SF
Class
A
Year Built
15
Buildings
1
Stories
2
Units
1

Location Insight

City
Jackson
County
Madison
State
Tennessee
Latitude
35.6902959
Longitude
-88.851465
209 Oil Well Rd, Jackson, Tennessee

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209 Oil Well Rd
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