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1348 Union University Drive, Jackson, TN 38305

12,676 Sq Ft retail space in Jackson, TN.

Space Size1,400 SF
Property Size12,900 SF
Days on Market2294

Property Features for 1348 Union University Drive

General Information

Standard status Active
Size 1,400 SF
Class A
Total Parking Spaces 10
Property subtype Retail, Office

Building Details

Building Size 12,900 SF
Year Built 2018
Tenancy Multiple

Spaces For Lease

at 1348 Union University Drive Contact us

Available Space

Size
1,400 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: Hickman Realty Group
Listed By: Chris Carothers · License #TN 250361
Source: Crexi
Added: May 20, 2020 Changed: Aug 14 Last Checked: Aug 28 at 9:42PM

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 12,676 square foot retail space is located in Jackson's premier lifestyle center. The center is anchored by Mam'selle's and is positioned in an area with Jackson's highest per capita income. The location is near exclusive retailers and Mulligans. Upcoming establishments include Tulum's New Restaurant and Steak Escape. The lease rate is $22.00 per square foot, triple net, annually, with estimated Common Tenant Improvements (CTI) for 2024 at $4.00 per square foot. The minimum lease term is 3 years.

Key Highlights

  • Premier retail location in Jackson's Premier Lifestyle Center.
  • Anchored by Mam'selle's.
  • Located in area with Jackson's highest per capita income.

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,067
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

$15.58 /SF/Yr
Avg Asking Price
$6.5–$25 /SF/Yr
Price Range
5,985 SF
Avg Space Size

This space is priced 41% above the average of $15.58 /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
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Frequently Asked Questions

What type of property is this?
Retail space - 12,676 Sq Ft retail space in Jackson, TN.
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: Premier retail location in Jackson's Premier Lifestyle Center.; Anchored by Mam'selle's.; Located in area with Jackson's highest per capita income.
(731) 616-9464 Call to check price and availability
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