79 Sand Pebble DrJackson, TN 38305

Property Details for 79 Sand Pebble Dr

Year built

2019

Construction

FRAME

Lot size

11.56 AC

Property size (Sq ft)

217,500 SF

Property type

Warehouses

APN

057042 03409

APU

5704203409

Description

This exceptional Class A office space, totaling 15,794 square feet, is strategically located just off Exit 85 of Interstate 40, providing unparalleled access to West Tennessee's employment hubs. Situated on a one-acre lot, the property boasts a highly adaptable floor plan, perfect for a variety of businesses. The space includes executive offices, multiple conference rooms, eighteen private offices, and three expansive open work areas supported by additional offices. Amenities include a dedicated break room and a state-of-the-art server/data room, ensuring optimal functionality and technological infrastructure. The building's design allows for potential subdivision, offering flexibility to accommodate diverse business needs and growth strategies. This property presents a unique opportunity for companies seeking a prominent and well-equipped office space in a highly accessible location. The asking rate is an annual triple net (NNN) lease. The property is ideal for regional billing operations, large home health administrations, or similar businesses requiring substantial space and advanced technological capabilities.

• CAP approach

  CAP return

  Valuation

  6%

  $110,698,000

  6.5%

  $102,183,000

  7%

  $94,884,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,130,100

  Geo Method

  $27,130,100

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $52,440,800

  Mixed-Use / Specialty

  $52,286,800

  Hospitality / Lodging

  $38,404,000

  Office

  $52,010,500

  Institutional / Educational

  $54,369,000

  Residential Income

  $63,611,700

  Multifamily

  $76,109,900

  Automotive / Energy

  $46,602,000

  Parking / Income-Based Land

  $16,049,200

  Restaurant / Food Service

  $27,265,000

  Healthcare / Senior Housing

  $53,585,400

Location Insight

City

Jackson

County

Madison

State

Tennessee

Latitude

35.6843

Longitude

-88.7755

CBSA code

27180

CBSA name

JACKSON, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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