101 North Highland Avenue, Jackson, TN 38301
Historic 1920 office building with two leased units through December 2028 and a vacant first floor with parking lot access.
- Added:
- Jun 11, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 20 at 5:30 am
Property Features for 101 North Highland Avenue
General Information
- Standard status
- Active
- Size
- 9,396 SF
- Property subtype
- Office
Building Details
- Year Built
- 1920
Listing agent Clay Fowler License #330963
Listing office Prosper Realty Group
Listing date Jun 11, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Prosper Realty Group
HighLights
- 9,396 SF historic office building built in 1920 at 101 N Highland Ave in Jackson, TN
- 3‑unit property with a 66% occupancy rate; first floor is vacant and ready for immediate move‑in
- Second and third floors have existing leases through December 2028
- Includes 2,349 SF unfinished basement for additional business or storage space
- Corner lot with corner street frontage at Main and Highland and a spacious parking lot
Overview
Located at 101 North Highland Avenue in Jackson, TN, the property sits on a corner with street frontage at Main and Highland. The site includes a spacious parking lot designed to support tenant and visitor access.
For buyers seeking an income-producing office property, the currently leased second and third floors provide in-place agreements through December 2028 while the vacant first floor gives an operator the option to customize or re-tenant space. The combination of a multi-unit configuration, on-site parking, and available basement space can support a range of office tenants or office-building ownership strategies, subject to applicable leasing plans and building use requirements.
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 | $160.1k | $17.04 |
| − Vacancy | −$26.4k | −$2.81 |
| EGI | $133.7k | $14.23 |
| − OpEx | −$33.4k | −$3.56 |
| NOI | $100.3k | $10.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Madison
- State
- Tennessee
- Longitude
- -88.819666
- Latitude
- 35.614612
