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Retail Asset with Additional Leasing

1751 Vann Drive Jackson, TN 38305

1751 Vann Drive, Jackson, TN, 38305
$3,300,000
For Sale
$3,300,000

COMMERCIAL - Jackson, TN

Property Size20,582 SF
Lot Size1.91 Acres
Price / SF$160.33
Days on Market189

Property Features for 1751 Vann Drive

General Information

Property type
Commercial Sale
Property subtype
Retail
Parking
75
Standard status
Active
APN
055 056.01
Size
20,582 SF
Lot size
1.91 Acres

Taxes and HOA fees

Tax Annual Amount
1

Utilities

Heating system
Natural Gas, Central
Cooling system
Electric

Building Details

Year built
2008
Floors in Building
1
Listing Agency L A Realty,LLC
1141 S Main Street P O Box 522, Milan, TN
Listed by Joshua Lynn Arnold · License #00301815
Added: Jan 9 Checked: Jul 17 at 6:06 am
MLS# 2600130 Listing URL

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 retail property totals 20,582 square feet and sits on 1.91 acres. The offering includes additional lease availability within the asset, creating flexibility for investors, expanding brands, or owner-users looking to occupy and lease on the same site.

Located at 1751 Vann Drive in Jackson, Tennessee, the property is positioned at the intersection area of I-40 and Highway 412. It is identified in the remarks as part of The Columns, a Class A retail corridor, with proximity to a dense concentration of national retailers.

For tenants and buyers evaluating retail space in Jackson, the combination of a substantial site and available leasing options can support a range of strategies, from securing space for an operating business to building out a tenant mix as units become available. The established retail-corridor setting and the noted access and visibility at I-40 and Highway 412 are intended to support straightforward customer access for future occupants.

Key Highlights

  • Built in 2008
  • Natural gas central heating
  • Electric cooling

Local Financial Insights For 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 $308.7k $15.00
− Vacancy −$8.3k −$0.41
EGI $300.4k $14.59
− OpEx −$90.1k −$4.38
NOI $210.3k $10.22
20,582 SF · lease $15.00/SF/yr · vacancy 2.70% · expense 30.00%

Alternative Uses

Best Use
Retail
$3.00M
$2.63M – $3.50M (±1% cap)
NOI $210,276 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.24M
$3.71M – $4.94M (±1% cap)
NOI $296,677 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail properties & Spaces

Suggested Use

Kitchen & Bath Showroom Electrical Service HVAC Service Storage Facility Garden Center Veterinary Clinic Law Firm Daycare Center Big Box & Wholesale Store Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail property - Acquire a retail property on a Class A corridor with additional lease availability at I-40/Highway 412.
Where is this retail property located?
The property is located at 1751 Vann Drive Jackson, TN.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Built in 2008; Natural gas central heating; Electric cooling
Contact an agent
More about this property
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