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Retail Space with Central HVAC
For Lease
$22 SF/Yr CAM $4 /USD/SF/YR

1348 Union University Drive, Jackson, TN 38305

Commercial Lease, Jackson, TN

Space Size12,676 SF
Lot Size1.00 Acre
Days on Market904

Property Features for 1348 Union University Drive

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description PLANNED COMM DV
Parking 10
Directions From intersection of Oil Well Rd & US-45 BYP Head west on Oil Well Rd toward Frontage Rd. Turn left onto Union University Dr
Standard status Active
APN 050.00
Size 1,400 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Annual Amount 1

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Electric
Water source Public

Building Details

Year built 2018
Floors in Building 1
Flooring type Concrete
Building materials Block, Concrete
Roof type Rubber
Listing Agency: Hickman Realty Group Inc.-Jack
Listed By: Chris Carothers · License #250361
Added: Mar 1, 2024 Changed: Aug 19 Last Checked: Aug 22 at 5:06PM
MLS# 240861

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 space is part of a 2018-built commercial center at 1348 Union University Drive in Jackson, Tennessee. The building uses block and concrete construction, concrete flooring, and a rubber roof. Heating is provided by natural gas through a central system, while electric cooling serves the space.

Public water and public sewer support the property. The center is identified with Mam'selle's as an anchor and is situated near Mulligans, Tulum's New Restaurant, Steak Escape, and other retailers referenced in the surrounding commercial setting. The property is associated with a 1-acre parcel and offers a defined retail location within the Union University Drive corridor.

Key Highlights

  • 1‑acre parcel associated with the retail space
  • 2018 construction with block and concrete materials
  • Central natural gas heating and electric cooling

Property Analytics

Current Use

Rejuvenate Wellness and MedSpa Spa & Massage Center INSOUTH Bank Bank Union Station Shopping Center & Mall Posh Lighting and Interiors Interior Design

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store HVAC Service Food Market

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

773
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

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 42% above 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 - Established retail setting with public utilities, concrete construction, and central heating and cooling.
Where is this retail space located?
The property is located at 1348 Union University Drive Jackson, TN.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 1‑acre parcel associated with the retail space; 2018 construction with block and concrete materials; Central natural gas heating and electric cooling
More about this property
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