Property profile

601 Old Hickory Blvd Jackson, TN 38305

OFF-MARKET
Retail properties & Spaces
3,104 SF Built 1986
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Property summary

AI-generated overview

This fee-simple, 3,104 sq ft Arby's in Jackson, TN, offers a 7.72% cap rate and a strong corporate-backed, absolute NNN lease with 5.8 years remaining until 2030. The property boasts a 100% occupancy rate and a current NOI of $114,000. Situated on a 27,016 sq ft lot at 601 Old Hickory Blvd, this single-story building, constructed in 1986, benefits from its location on a high-traffic thoroughfare (46,000+ VPD) adjacent to an interstate, within a densely populated commercial area (69,639 people within a 5-mile radius). The lease includes rent bumps of 3% effective October 2027 and 10% for each renewal option, with two five-year renewal options available. This presents a compelling investment opportunity for those seeking a stable, long-term, low-maintenance income stream. The tenant, Arby's, has operated at this location for nearly 40 years, demonstrating a long-term commitment to the site. This property is ideal for a 1031 exchange.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1986
Total area 3,104 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 Take-out & Catering

Location

601 Old Hickory Blvd 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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