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High-Traffic Retail Location Available
For Lease
$4,333/Mo NNN

224 N Royal St, Jackson, TN 38301

8,000 sq ft retail space available 1-1-2024 in Jackson, TN.

Space SizeContact for details
Lot Size1.00 Acre
Days on Market974

Property Features for 224 N Royal St

General Information

Standard status Active
Lot size 1.00 Acre

Taxes and HOA fees

Annual Taxes $7,737
Listing Agency: Hickman Realty Group Inc.-Jack
Listed By: Chris Carothers · License #250361
Source: Exprealty
Added: Dec 21, 2023 Changed: Aug 21 Last Checked: Aug 21 at 11:54AM

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 Hickman Realty Group Inc.-Jack

Investment Insights

Based on property information with market context.

This high-traffic retail location offers 8,000 square feet of space. Formerly a Family Dollar, the property is situated at a location with two red lights. It is available starting January 1, 2024, for monthly NNN rent. The building is also for sale. There is potential for an out parcel with additional land. Lease details are available for suites 220 and 222.

Key Highlights

  • High traffic retail location
  • Available for lease or purchase
  • 8,000 sq ft vacant Family Dollar space**

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Kitchen & Bath Showroom Pharmacy Garden Center

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,083
Businesses Nearby

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

Lease Benchmarks for Jackson, TN

$15.46 /SF/Yr
Avg Asking Price
$6.5–$25 /SF/Yr
Price Range
6,513 SF
Avg Space Size

This space is priced 58% below the average of $15.46 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 8,000 sq ft retail space available 1-1-2024 in Jackson, TN.
Where is this retail space located?
The property is located at 224 N Royal St Jackson, TN.
What is the lease rate?
The lease rate is $4,333/Mo.
What are key features of this property?
This property features: High traffic retail location; Available for lease or purchase; 8,000 sq ft vacant Family Dollar space**
More about this property
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