Ashley HomeStore
620 W Jackson Street, Cookeville, TN 38501
For Sale
Contact for pricing
A single-tenant furniture showroom is leased on an absolute NNN basis, with renewal options extending beyond the initial term.
Property Size30,863 SF
Lot Size2.01 Acres
Price / SF$137.38
Days on Market27
Property Features for 620 W Jackson Street
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Additional Details
Highway Access
Tenant in Place
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
Listed By:
Chris Hollenbeck · License TN SA584876000
(602) 538-7155
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 5:55PM
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 Cushman & Wakefield - Phoenix, Arizona
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Investment Insights
Based on property information with market context.
The Ashley HomeStore showroom was built in 2004 and contains ±30,863 square feet on ±2.01 acres. Ashley Global Retail, LLC has occupied the property since rent commenced in November 2013. The lease runs through November 30, 2030, and includes three five-year renewal options. Annual rent adjustments are the lesser of 1.375% or 1.25x CPI, with the next adjustment scheduled for December 1, 2026. The absolute NNN structure assigns no landlord responsibilities to the owner.
At 620 W. Jackson Street in Cookeville, the property is near Interstate 40, which carries approximately 54,500 vehicles per day. Nearby retail destinations include Walmart Supercenter, Lowe's, Hobby Lobby, and Marshalls. More than 56,000 residents live within a five-mile radius, and Tennessee Tech University serves more than 10,000 students.
At 620 W. Jackson Street in Cookeville, the property is near Interstate 40, which carries approximately 54,500 vehicles per day. Nearby retail destinations include Walmart Supercenter, Lowe's, Hobby Lobby, and Marshalls. More than 56,000 residents live within a five-mile radius, and Tennessee Tech University serves more than 10,000 students.
Key Highlights
- ±30,863‑square‑foot showroom on ±2.01 acres
- Absolute NNN lease to Ashley Global Retail, LLC, with no landlord responsibilities
- Lease term through November 30, 2030, plus three five‑year renewal options
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38501, TN
41,141
Population
19,158
Households
2.1
Avg Household Size
33
Median Age
31%
College-Educated
88%
High-School Grad
87.1 sq mi
ZIP Area
472
Density / Sq Mi
$50,923
Median Household Income
$30,191
Median Earnings
$856
Median Rent
$245,100
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Bowman's Carpet Outlet — 275 S Willow Ave, Cookeville, TN 38501
- Suburban Flooring and Supply — 40 W Spring St # A, Cookeville, TN 38501
- Stovers Liquidation — 452 W Broad St, Cookeville, TN 38501
- HomeCORR - Tile, Flooring, & More — 28 W Broad St, Cookeville, TN 38501
Frequently Asked Questions
What type of property is this?
Showroom - A single-tenant furniture showroom is leased on an absolute NNN basis, with renewal options extending beyond the initial term.
Where is this showroom located?
The property is located at 620 W Jackson Street Cookeville, TN.
What is the asking price?
The asking price for this property is $4,240,032.
What are key features of this property?
This property features: ±30,863‑square‑foot showroom on ±2.01 acres; Absolute NNN lease to Ashley Global Retail, LLC, with no landlord responsibilities; Lease term through November 30, 2030, plus three five‑year renewal options
