Property profile

404 Oil Well Rd Jackson, TN 38305

OFF-MARKET
Retail properties & Spaces
9,100 SF 1 ac lot
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Property summary

AI-generated overview

This exceptional 1,300 square foot retail space, located at 404 Oil Well Road in Jackson, Tennessee, presents a unique investment opportunity. Situated within the thriving Shops of Thomsen Farms, this Class A property boasts a prime location alongside established businesses such as Walgreens, Kroger, Target, and Academy Sports. The single-tenant space is ideal for a restaurant, featuring a fully equipped kitchen complete with fire suppression and walk-in cooler and freezer. The property sits on a 1.15-acre lot and includes 8 parking spaces. The building itself is a single-story structure totaling 9,100 square feet. The asking rent is $18.00 per square foot, NNN, with a 5-year lease term. Additional costs include $5.13 per square foot for taxes, insurance, and CAM, totaling $555.75 per month. Nearby businesses include Fleet Feet, Pro Nails, Jet's Pizza, and The Urban Eye. Landlord approval is required for specific tenant uses

Property profile

Verified
Property type Retail properties & Spaces
Total area 9,100 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

404 Oil Well Rd Jackson, TN 38305
Jackson metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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