Drive-Through Restaurant on Corner
For Sale
$575,000
1291 S Highland Avenue, Jackson, TN 38301
COMMERCIAL - Jackson, TN
Property Size1,402 SF
Lot Size0.71 Acres
Price / SF$410.13
Days on Market198
Property Features for 1291 S Highland Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B-5
Parking
20
Security features
Security System
Elementary school district
Jackson Madison Consolidated District
Special listing conditions
In Foreclosure, Real Estate Owned
Standard status
Active
APN
100I D 022.00
Size
1,402 SF
Lot size
0.71 Acres
Taxes and HOA fees
Tax Annual Amount
9062
Utilities
Utilities
Water Available
Sewer type
Private Sewer
Water source
Public
Building Details
Year built
1997
Floors in Building
1
Flooring type
Carpet, Tile - Ceramic, Engineered
Listing Agency:
Coldwell Banker Southern Realty · Coldwell Banker Real Estate
(731) 668-1777
Listed By:
Eden Smith · License #255023
(731) 225-8004
Added: Jan 13
Changed: Jul 28
Last Checked: Jul 30 at 9:06PM
MLS# 2600285
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.
Investment Insights
Based on property information with market context.
This for-sale drive-through restaurant includes a drive-thru window and metal roofing. The sale also includes all fixtures and equipment, offering an operator-ready setup. The property is listed at 1,402 square feet.
Situated on a 0.71-acre corner lot at 1291 S Highland Avenue in Jackson, TN 38301, the site is supported by an advertised average daily traffic count of 32k-plus.
A strong fit for a food service operator seeking a drive-through service format, or for buyers looking to take over an existing, equipped restaurant configuration. The included fixtures and equipment can help streamline the transition from ownership to operation.
Situated on a 0.71-acre corner lot at 1291 S Highland Avenue in Jackson, TN 38301, the site is supported by an advertised average daily traffic count of 32k-plus.
A strong fit for a food service operator seeking a drive-through service format, or for buyers looking to take over an existing, equipped restaurant configuration. The included fixtures and equipment can help streamline the transition from ownership to operation.
Key Highlights
- Corner lot on 0.71 acres
- Average daily traffic of 32k+
- Includes all fixtures and equipment
Financial Insights For Specialty Retail
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 | $25.2k | $18.00 |
| − Vacancy | −$681 | −$0.49 |
| EGI | $24.6k | $17.51 |
| − OpEx | −$6.1k | −$4.38 |
| NOI | $18.4k | $13.14 |
1,402 SF · lease $18.00/SF/yr · vacancy 2.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$263.1K
$230.2K – $306.9K
NOI $18,416 @ 7.0% cap · market cap 3.20%
Second Best
Retail
$204.6K
$179.1K – $238.7K
NOI $14,324 @ 7.0% cap · market cap 2.49%
Theoretical Best
Office A
$288.7K
$252.6K – $336.8K
NOI $20,209 @ 7.0% cap · market cap 3.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
32,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Explore this area
Business Placement
Demographics for 38301, TN
34,170
Population
15,769
Households
2.2
Avg Household Size
37
Median Age
16%
College-Educated
85%
High-School Grad
150.9 sq mi
ZIP Area
226
Density / Sq Mi
$40,062
Median Household Income
$28,542
Median Earnings
$958
Median Rent
$119,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Drive-thru restaurant for sale with a corner lot, metal roofing, and included fixtures and equipment.
Where is this drive through restaurant located?
The property is located at 1291 S Highland Avenue Jackson, TN.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Corner lot on 0.71 acres; Average daily traffic of 32k+; Includes all fixtures and equipment
