Express Oil

For Sale

3132 N Highland Ave, Jackson, TN 38305

This Jackson property for sale is located at 3132 N Highland Ave. The current listed sale price for Express Oil is $2,295,000. Express Oil is situated on a lot that is 0.7 acre in size.

Contacts

broker

Stan Clampitt

Buchanan Realty Group

Property Details

  • Property Type Retail - Street Retail
  • Property Size 4,748 SF
  • Units 1
  • Lot Size 0.7 Acre
  • Additional Rent Contact for pricing
  • Date Updated Jun 18, 2024
Location: Prime Location in Jackson, TN Description: Presenting a lucrative investment opportunity in the heart of Jackson, TN, this newly constructed Express Oil facility offers a secure long-term lease with exceptional terms and no landlord responsibilities. Strategically positioned in a high-traffic area with excellent visibility and accessibility, this property is poised to attract steady customer traffic and maximize returns for investors.Key Features: • Newly constructed Express Oil facility with modern design and state-of-the-art amenities. • Prime location in a high-traffic area, ensuring maximum visibility and accessibility. • 15-year lease in place with a reputable tenant, providing long-term stability and predictable income. • Lease includes a 7.5% rent increase after year 10, enhancing the property’s potential for future revenue growth. • Strong tenant profile and established brand recognition, offering confidence to investors. • Ample on-site parking and convenient access for customers. • Proximity to major highways, residential neighborhoods, and commercial centers, further enhancing the property’s appeal and potential for business success. Lease Terms: • Lease Type: Triple Net (NNN) • Lease Term: 15 years • Rent Escalation: 7.5% increase after year 10 • Tenant: Express Oil, a reputable and established automotive service provider.

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Highlights

  • - New Construction
  • - Prime location for high visibility and foot traffic on N Highland Ave
  • - Corporate guaranteed lease with 15-year term and 7.5% increases every 5 years
  • - Potential for long-term steady income and appreciation for investors

Getting around

  • 54/100

    Walk Score ®

  • 41/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Jackson, TN
  • Neighborhood Gilmore
  • Zip Code 38305

Points of Interest

  • Kroger

    1.61 miles

  • Sam's Club Gas Station

    2.32 miles

  • 76

    2.95 miles

  • Speedway

    2.97 miles

  • Goldline

    3.01 miles

  • Kroger

    3.04 miles

  • Pilot

    3.05 miles

  • Shell

    3.22 miles

  • Speedway

    4.85 miles

  • Little General Store

    5.56 miles

  • Employee Parking

    2.45 miles

  • Smoothie King

    1.37 miles

  • Zaxby's

    1.40 miles

  • Freddy's

    1.58 miles

  • Burger King

    1.58 miles

  • McDonald's

    1.60 miles

  • Woodstock Bakeshop

    1.60 miles

  • Red Lobster

    1.66 miles

  • Cracker Barrel

    1.71 miles

  • Long John Silver's

    1.75 miles

  • Outback Steakhouse

    1.76 miles

  • Target

    1.72 miles

  • TJ Maxx

    1.76 miles

  • Aldi

    2.07 miles

  • Walmart Supercenter

    2.23 miles

  • Marshalls

    2.56 miles

  • Belk

    2.64 miles

  • Ross

    2.65 miles

  • Old Hickory Mall

    2.65 miles

  • Kohl's

    2.69 miles

  • JCPenney

    2.70 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Stan Clampitt

Buchanan Realty Group