2021 Highland Ave Jackson, TN 38305
- Super regional malls
- 60,559 SF
- 42.00 lot acres
Current Use by Public Records
- Rainbow Shops / Shoe Store / Women'S Clothing Store
- Journeys / Shoe Store / Fashion Accessories Store
- Spencer's / Clothing Store / Fashion Accessories Store
- Claire's / Fashion Accessories Store / Jewelry Store
- Old Hickory Mall / Shopping Mall
Property Details for 2021 Highland Ave
- Year built
- 1981
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 42.00 lot acres
- Property size
- 60,559 SF
- Zone code
- SC1
- Property type
- Super regional malls
- APN
- 057055M E 00200
- APU
- 057055ME00200
Description
Old Hickory Mall, located at 2021 N Highland Avenue in Jackson, Tennessee, offers a diverse range of office spaces for lease. This prominent retail center, situated conveniently off I-40 on Route 45 between Memphis and Nashville, boasts a total of 538,641 square feet. The property, originally built in 1967 and renovated in 1993, provides ample parking with 2,812 spaces. Currently, one retail space of 3,202 square feet is available. The building's diverse tenant mix includes national and local brands, as well as fast-casual dining establishments. The property is classified as Retail, Office, and Restaurant, and the available space is suitable for various office uses, including Executive Office, Coworking, Medical Office, Creative Office, and Traditional Office. Located in Madison County, Tennessee, zip code 38305, this property presents a unique opportunity for businesses seeking a high-visibility location with convenient access to major transportation routes. The property's established tenant base and strong location make it an attractive option for a variety of businesses. Contact us to learn more about this exceptional leasing opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,895,000
- 6.5%
- $5,145,000
- 7%
- $5,010,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,180,000
- Geo Method
- $5,100,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,000,000
- Retail
- $4,760,000
- Mixed-Use
- $6,290,000
- Hospitality
- $5,315,000
- Educational
- $5,880,000
- Residential Income
- $5,140,000
- Energy
- $4,675,000
- Income-Based Land
- $5,105,000
- Food Service
- $5,230,000
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Madison
- State
- Tennessee
- Longitude
- -88.8307
- Latitude
- 35.6567
- CBSA code
- 27180
- CBSA name
- JACKSON, TN METROPOLITAN STATISTICAL AREA
