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Tennessee Corrections Institute Investment Opportunity
For Sale
$1,810,000

121 Executive Drive, Jackson, TN 38305

Leased Tennessee Corrections Institute in Jackson, TN, for sale.

Property Size9,230 SF
Lot Size1.11 Acres
Price / SF$196.10
Days on Market585

Property Features for 121 Executive Drive

General Information

Standard status Active
Size 9,230 SF
Lot size 1.11 Acres
Property subtype Office

Amenities

3
53 Parking Spaces.
100X198.79 IRR
Asphalt.

Building Details

Year Built 2005
Listing Agency: Fisher Realty & Auction
Listed By: John Robertson · License #370775
Source: Xome
Added: Feb 2, 2025 Changed: Sep 8 Last Checked: Sep 10 at 6:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fisher Realty & Auction

Investment Insights

Based on property information with market context.

The Tennessee Corrections Institute, located at 121 Executive Drive in Jackson, Tennessee, is available as an investment opportunity. The property is supported by the State of Tennessee's "AAA" credit rating. Situated on 1.11 acres, the facility is fully occupied under a new 10-year lease, which includes a firm 5-year term.

Key Highlights

  • Investment opportunity backed by the State of Tennessee's "AAA" Credit Rating.
  • 100% occupied property.
  • New 10‑year lease in place.

Property Analytics

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Current Use

Investigation Bureau Police Department

Suggested Use

Top Pick Parking Lot & Garage Dental Office Building Supply HVAC Service Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby

Demographics for 38305, TN

52,686
Population
22,950
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
94%
High-School Grad
128.0 sq mi
ZIP Area
412
Density / Sq Mi
$66,292
Median Household Income
$37,416
Median Earnings
$1,201
Median Rent
$221,200
Median Home Value
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Frequently Asked Questions

What type of property is this?
NNN property - Leased Tennessee Corrections Institute in Jackson, TN, for sale.
Where is this nnn property located?
The property is located at 121 Executive Drive Jackson, TN.
What is the asking price?
The asking price for this property is $1,810,000.
What are key features of this property?
This property features: Investment opportunity backed by the State of Tennessee's "AAA" Credit Rating.; 100% occupied property.; New 10‑year lease in place.
More about this property
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