Tremendous Net Lease Opportunity with Great Upside . Over 36,000 ADDT. Est Annual Income from Tenant till March 31,2028 $40,202.88 + Billboard $3000 total 43,202.88 NN. Net Lease Investment with rent bumps in the option periods . Automotive Sales Center Property is in A Flood Plain.
| MLS #: | 2604646 |
|---|---|
| List Price: | $500,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Retail |
| Status: | Active |
| Tax Annual Amount: | $3,618 |
| Lot Size Square Feet: | 130,244.4 |
| Lot Size Acres: | 2.99 |
| Waterfront?: | No |
| City: | Jackson |
| County Or Parish: | Madison |
| Postal Code: | 38301 |
| Year Built: | 2009 |
| Construction Materials: | Aluminum Siding |
| Cooling: | Central Air, Electric, Other |
| Lot Size Units: | Acres |
| Heating?: | Yes |
| Cooling?: | Yes |
| State Or Province: | TN |
| Building Area Total: | 2,000.0 |
| Utilities: | Cable Available, Electricity Available |
| Sewer: | Other |
| Status: | Active |
| Lot Size Area: | 2.99 |
| Heating: | Other |
| Flooring: | Other |
| Water Source: | Other, Public |
| Lot Size Dimensions: | 400 X 325 |
| Parcel Number: | 100 011.01 |
| Business Type: | Auto Dealer, Auto Rent/Lease, Commercial, Construction/Contractor, Retail, Utility |
| Roof: | Other, Shingle |
| Directions: | Intersection of 45 Byp & S Highland - 3 Miles on Left |
| Foundation Details: | Block, Concrete Perimeter |
| Owner Pays: | None |
| Parking Total: | 100 |
| Tenant Pays: | All Utilities, Exterior Maintenance, Grounds Care, Insurance, Pest Control, Roof, Snow Removal, Sewer, Taxes |
| Existing Lease Type: | NN |
| Road Frontage Type: | Highway |
| Lease Considered?: | Yes |
| Special Listing Conditions: | Standard |
| Stories: | 1 |
| Original List Price: | $500,000 |
| Zoning Description: | B-5 Highway Business |
| Possession: | Rental Agreement, Subject To Tenant Rights |
| Road Surface Type: | Asphalt |
| Stories Total: | 1 |
| Basement YN: | No |
| General Property Information Accessibility Features Yn: | No |
| Contract Information Comp Sale Yn: | No |
| Lease Details Lease Amount Frequency: | Annually |
| Lease Details Lease Expiration: | 2028-03-31 |
| Number Of Units Leased: | 2 |
| Elementary School District: | Jackson Madison Consolidated District |
| Total Actual Rent: | $43,203 |
| Gross Scheduled Income: | $43,203 |
| Inclusions: | Buildings and Bill Board site |
| Postal Code Plus4: | 7303 |
| Lease Details Lease Assignable Yn: | Yes |
| Lease Details Lease Real Option Yn: | Yes |
| Lease Details Lease Amount: | $40,203 |
| Building Features Warehouse Area: | 1,000.0 |
| Building Features Office Area: | 2,000.0 |
| Building Features Ceiling Height: | 8 |
| Building Features Electric Voltage: | 220 |
| Building Features Electric Amps: | 220 |
| Building Features Traffic Count: | 36,000 |
| General Property Information Land Lease Yn: | No |
| General Property Information Number Of Buildings: | 2 |
| General Property Information Auction Yn: | No |
| General Property Information Road Frontage Length: | 400 |
| General Property Information Number Of Units Total: | 2 |
| General Property Information Gated Y/n 3: | Yes |
| Location, Tax, And Legal City Tax: | $1,945 |
| Location, Tax, And Legal County Tax: | $3,618 |
| Location, Tax, And Legal City Limits: | Yes |
| Location: | Free Standing |
| Gated Details: | Gated Parking Area |
Listing Courtesy of: Hickman Realty Group Inc.-Jack
Listing Agent: Chris Carothers
731-616-9464
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All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
© 2026 Central West Tennessee Association of REALTORS®.
Central West Tennessee Association of REALTORS® data last updated on November 04, 2026 03:45 PM - CT.
Property Last Updated: November 04, 2026 03:45 PM - CT
