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High-Traffic Retail Building For Sale
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220-224 N Royal Street, Jackson, TN 38305

8,000 sq ft retail building in high-traffic location.

Property Size8,000 SF
Price / SF$87.50
Days on Market652

Property Features for 220-224 N Royal Street

General Information

Standard status Active
Size 8,000 SF
Property subtype Retail, Special Purpose

Building Details

Year Built 2004
Stories 1
Listing Agency: Hickman Realty Group
Listed By: Chris Carothers · License #TN 250361
Source: Crexi
Added: Nov 8, 2024 Changed: Aug 10 Last Checked: Aug 20 at 7:02PM

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

Investment Insights

Based on property information with market context.

This 8,000 square foot retail building is located in a high-traffic area. The property, formerly a Family Dollar, is situated at a location with two red lights. It is available starting January 1, 2024. In addition to being for sale, the building is also available for lease at a monthly NNN rent of $4,333.33 or $6.50 PSF NNN annually. Suites 220 and 222 are available for lease. The property includes the potential for an out parcel with additional land.

Key Highlights

  • High traffic retail location
  • Building also for sale at $700,000.00
  • 8,000 sq ft vacant Family Dollar space**

Property Analytics

Current Use

Storefront properties

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.

Location Intelligence

Trade Area within ½ mile

1,083
Businesses Nearby
Balanced
Demand for This Use

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Grounded Plant Company 114 E Lafayette St, Jackson, TN 38301
  • Blooms Today Jackson, TN 38301

Frequently Asked Questions

What type of property is this?
Storefront property - 8,000 sq ft retail building in high-traffic location.
Where is this storefront property located?
The property is located at 220-224 N Royal Street Jackson, TN.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: High traffic retail location; Building also for sale at $700,000.00; 8,000 sq ft vacant Family Dollar space**
(731) 616-9464 Call to check price and availability
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