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    OFF-MARKET
    Retail properties & Spaces

    601 Old Hickory Blvd, Jackson, TN 38305

    3,104 SF 0.58 ac lot Built 1986
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fee-simple, corporate-backed Arby's restaurant located at 601 Old Hickory Blvd, Jackson, TN 38305. The property boasts a 3,104 square foot building on a 0.58-acre lot, built in 1986 and renovated in 2016. Currently operating under an absolute NNN lease with a corporate guarantee, the lease commenced October 12, 1986, and expires September 29, 2030, providing 5.9 years of remaining lease term with two five-year renewal options. The lease includes rent bumps of 3% effective October 2027 and 10% for each renewal. The property enjoys a 7.02% cap rate and a strong NOI of $114,000. Situated in a high-traffic area with over 46,000 vehicles per day on the nearby Highway 45 Bypass, and within a 5-mile radius of a population of 69,639, this Arby's benefits from excellent visibility and consistent customer traffic. The asking price is $1,625,000, translating to $523.52 per square foot. This is a rare chance to acquire a stable, long-term, and passively managed income-generating asset with a nationally recognized brand tenant. The property's location in a dense commercial area adjacent to an interstate further enhances its investment appeal. This is a truly exceptional opportunity for a savvy investor seeking a secure and profitable addition to their portfolio.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1986
    Total area 3,104 SF
    Lot 0.58 ac (25,265 SF)
    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
    Current use
    Occupant on record · Public records
    • Arby's Restaurant Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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