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Drive-Thru Restaurant Investment Property
For Sale
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Pending

2021 N Highland Ave, Jackson, TN 38305

Absolute NNN Chick-fil-A with dual-lane drive-thru and corporate-signed 15-year lease featuring extension options.

Property SizeContact for details
Days on Market148

Property Features for 2021 N Highland Ave

General Information

Standard status Pending
Property subtype Retail

Additional Details

Traffic Count 32,000 vehicles/day
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Patrick R. Luther, CCIM · License #01912215
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Sep 4 at 6:06PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

SRS National Net Lease Group is pleased to offer the fee simple interest in an absolute NNN, corporate signed, drive-thru-equipped Chick-fil-A investment property. The property features a dual-lane drive-thru and was recently opened with brand-new construction and modern amenities. Chick-fil-A Inc. executed a brand new 15-year lease with 13 (5-year) options to extend, and the lease includes 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The absolute NNN structure provides zero landlord responsibilities.

The property is located along N. Highland Ave./State Highway 5, a major commuter thoroughfare averaging 32,000 vehicles passing by daily. It is positioned as an outparcel of Old Hickory Mall, a 333,000 SF shopping center anchored by Belk. Nearby national/credit tenants referenced include Walmart Supercenter, The Home Depot, Kroger, Target, Dollar Tree, and AutoZone. The asset is also less than 1.5 miles north of Jackson-Madison County General Hospital.

Key Highlights

  • Absolute NNN Chick‑fil‑A investment with fee simple land & building ownership
  • Corporate‑signed 15‑year lease with 13 (5‑year) extension options
  • Dual‑lane drive‑thru‑equipped building

Property Analytics

Current Use

Rainbow Shops Clothing & Fashion Store Journeys Clothing & Fashion Store Spencer's (Bike/Boat/Book/etc) Store Claire's Tattoo & Piercing Shop Old Hickory Mall Shopping Center & Mall

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Dental Office Building Supply Auto Parts Store Storage Facility

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

32,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

449
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

Vacancy Rate% for Retail in South region

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

What type of property is this?
Drive through restaurant - Absolute NNN Chick-fil-A with dual-lane drive-thru and corporate-signed 15-year lease featuring extension options.
Where is this drive through restaurant located?
The property is located at 2021 N Highland Ave Jackson, TN.
What are key features of this property?
This property features: Absolute NNN Chick‑fil‑A investment with fee simple land & building ownership; Corporate‑signed 15‑year lease with 13 (5‑year) extension options; Dual‑lane drive‑thru‑equipped building
(480) 221-4221 Call to check price and availability
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