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    OFF-MARKET
    Retail properties & Spaces

    224 Parkstone Pl, Jackson, TN 38305

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    This exceptional 4,800-square-foot retail space, formerly Parkstone Grill, is ideally situated in Jackson, Tennessee, at 224 Parkstone Pl, Murray Guard Drive, 38305, on a 1.5-acre lot. The single-tenant building boasts a prime location in one of Jackson's fastest-growing retail corridors, conveniently situated off Interstate 40, Exit 85. The property features 12 parking spaces and is equipped with essential restaurant infrastructure, including fire suppression, a walk-in freezer, and a walk-in cooler, making it move-in ready for a new food service tenant. Its proximity to a travel ball field attracting 400,000 annual visitors and its location just one mile from the proposed Great Wolf Lodge Water Park presents a significant advantage. The area offers a wealth of retail amenities, including hotels, fast food, and grocery stores. The asking rate is $20.00 per square foot, NNN, AS IS. This is a fantastic opportunity for a variety of food service concepts, from small sit-down restaurants to bakeries and sandwich shops. Some restrictions may apply. The property is a single-story building with APN 057 022.11.

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    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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