2124 Highland AveJackson, TN 38305

Property Details for 2124 Highland Ave

Year built

1998

Lot size

0.73 AC

Property size (Sq ft)

5,624 SF

Zone code

SC1

Property type

Retail space

APN

057056P A 00400

APU

057056PA00400

Description

This exceptional commercial property, located at 2124 N Highland Ave in Jackson, TN, presents a unique investment opportunity. Situated on a highly visible corridor with over 22,000 vehicles passing daily, this 5,268 square foot space offers unparalleled exposure. Its proximity to the proposed entertainment district and the Jackson Walk ensures high foot traffic and convenient access for customers and employees. The property's advantageous location is further enhanced by its half-mile distance from exit 82 and its adjacency to the Old Hickory Mall, guaranteeing a steady stream of potential clientele. The space is ideal for a variety of businesses seeking a prominent location in a thriving community. Available for lease starting Spring 2025, the asking price is $8,780 per month, triple net (NNN), or $20 per square foot annually, NNN. Detailed lease terms are available upon request. This is a rare chance to establish a business in one of Jackson's most dynamic and rapidly growing areas. Don't miss this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,889,724

  6.5%

  $1,744,361

  7%

  $1,619,764

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,104,886

  Geo Method

  $1,104,886

• Alternative Use

  Use

  Valuation

  Residential

  $1,471,434

  Hospitality

  $1,347,826

  Educational

  $1,121,375

  Medical

  $1,159,941

  Retail

  $1,744,361

Location Insight

City

Jackson

County

Madison

State

Tennessee

Latitude

35.6602

Longitude

-88.8277

CBSA code

27180

CBSA name

JACKSON, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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