121 Executive Drive, Jackson, TN 38305
COMMERCIAL - Jackson, TN
- Added:
- Feb 12, 2025
- Days on Market:
- 485
- Last Refresh:
- Jun 12 at 1:06 am
Property Features for 121 Executive Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking
- 53
- Security features
- Security System
- Fencing
- Privacy
- Standard status
- Active
- APN
- 056H A 025.00
- Size
- 9,230 SF
- Lot size
- 1.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11687
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Flooring type
- Vinyl, Carpet
- Building materials
- Block, Brick Veneer
- Roof type
- Shingle
Listing agent John Eric Robertson License #370775 (731) 445-8053
Listing office Fisher Realty & Auction 213 N Church Ave., Dyersburg, TN (731) 286-0090
Listing date Feb 12, 2025
Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Investment opportunity backed by the State of Tennessee's "AAA" Credit Rating.
- 100% occupied property.
- New 10‑year lease with a 5‑year firm term.
- Located at 121 Executive Drive, Jackson, TN.
- Situated on 1.11 acres.
- Built in 2005 with block and brick veneer construction.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $157.3k | $17.04 |
| − Vacancy | −$26.0k | −$2.81 |
| EGI | $131.3k | $14.23 |
| − OpEx | −$32.8k | −$3.56 |
| NOI | $98.5k | $10.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Madison
- State
- Tennessee
- Longitude
- -88.823736
- Latitude
- 35.671042
