1683 Highland Ave Jackson, TN 38301
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High-growth Jackson, TN QSR investment.
Property size:
1,208 SFProperty Features for 1683 Highland Ave
General Information
- Property type
- Restaurants
- Square Feet
- 1,208 SF
- Lot Size
- 62,726 SF
Building Details
- Year Built
- 2022
- Buildings
- 1
Listing Agent: Shaun Riley
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This 1,208 sq ft Marco's Pizza in Jackson, Tennessee, presents a compelling investment opportunity. Situated on a 1.44-acre lot on Highland Avenue, a major thoroughfare with 33,000 vehicles daily, this property benefits from exceptional visibility and accessibility. The building, constructed in 2022, is 100% occupied under an Absolute NNN lease with a national brand tenant. The lease, commencing November 1, 2022, and expiring October 31, 2032, has a remaining term of 7.9 years, including four 5-year renewal options with 10% rent bumps. The property generates a strong NOI of $68,160, resulting in a 6.00% cap rate. The location is strategically positioned midway between Memphis and Nashville on I-40, within a rapidly growing MSA, and near major employers, Walmart, and Lowe's. The drive-thru model contributes to high customer traffic, exceeding nearby competitors by a significant margin. This offering presents a rare chance to acquire a stable, high-performing asset in a thriving market with significant long-term growth potential. The property's Commercial zoning and APN is 057109A A 01602. The asking price is $1,136,000.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Marco's Pizza
Restaurant
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Madison
- State
- Tennessee
- Longitude
- -88.814552083842
- Latitude
- 35.565585651293
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FAQs
What type of property is this?
Restaurant - High-growth Jackson, TN QSR investment.
Where is this restaurant located?
The property is located at 1683 Highland Ave Jackson, TN.
What is the asking price?
The asking price for this property is $1,136,000.
What are key features of this property?
This property features: 1,208 SF Marco's Pizza on a 1.44-acre lot in Jackson, TN.; Absolute NNN lease with a national brand tenant, expiring October 31, 2032, with four 5-year renewal options at 10% rent increases.; High-traffic location on Highland Avenue (33,000 VPD), featuring a drive-thru.