1605 S Highland Avenue Jackson, TN 38301
Brick medical office with lobby, separate offices, kitchen, and restrooms, plus employee parking at the rear.
- Added:
- Jun 27, 2026
- Days on Market:
- 18
- Last Refresh:
- Jul 4 at 2:01 am
Property Features for 1605 S Highland Avenue
General Information
- Standard status
- Active
- Size
- 2,328 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1964
Listing office RE/MAX Realty Source (731) 695-4480
Listing date Jun 27, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
The property is positioned at a landmark location directly across from South Side High School on South Highland Avenue. Access to the building is straightforward, with employee parking located in the back for practical daily use.
For medical and professional office tenants, the mix of private offices, open work areas, and on-site amenities such as the kitchen and restrooms supports a range of clinic and office-based workflows. Buyers considering an owner-operator setup may also appreciate the straightforward circulation and defined office spaces, paired with rear employee parking and an easily identifiable setting across from a prominent local school.
Key Highlights
- Brick medical office building built in 1964 with a lobby and circular flow layout
- Separate offices and work areas plus a nicely equipped kitchen
- Men's and women's restrooms
Local Financial Insights For Healthcare Medical
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 | $50.3k | $21.60 |
| − Vacancy | −$6.4k | −$2.74 |
| EGI | $43.9k | $18.86 |
| − OpEx | −$17.6k | −$7.54 |
| NOI | $26.3k | $11.31 |
