Bank
New Construction Raymond James w/ 10-Yr. Corp. Lease | 2% Annual Increases
1381 Union University Dr, Jackson, TN 38305
Listing Price: $2,365,000
Cap Rate
6.00%
Tenant Name
Raymond James Financial Services
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
6,540
Lease Type
Double Net
Rent Per Square Feet
$21.70
Investment Overview
Marcus & Millichap is pleased to bring to market Raymond James Finacial Services building located in Jackson, TN.
New Construction Raymond James w/ 10-Yr. Corp. Lease | 2% Annual Increases
Investment Highlights
- New Construction Financial Services Office | Expected to Deliver in July 2023
- New 10-Year NN Lease | 2 Percent Annual Rental Increases
- Two, Five-Year Options with Rental Increases in Each
- High Visibility in Very Dense Retail and Office Corridor Just Off of Interstate 40
- Near Multiple National Tenants Such as Target, McDonald's, PetCo, Red Lobster, Crumbl Cookies, Starbucks, Kroger, Walgreens and More
- Strong Demographics: Population Exceeds 76,000 Within 7-Miles, Expected to Increase by 2027 | Daytime Population Exceeds 98,200+
Exclusively Listed By
Broker of Record
Financing By
Bank
New Construction Raymond James w/ 10-Yr. Corp. Lease | 2% Annual Increases
Listing Price: $2,365,000
Cap Rate
6.00%
Tenant Name
Raymond James Financial Services
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
6,540
Lease Type
Double Net
Rent Per Square Feet
$21.70
Investment Highlights
- New Construction Financial Services Office | Expected to Deliver in July 2023
- New 10-Year NN Lease | 2 Percent Annual Rental Increases
- Two, Five-Year Options with Rental Increases in Each
- High Visibility in Very Dense Retail and Office Corridor Just Off of Interstate 40
- Near Multiple National Tenants Such as Target, McDonald's, PetCo, Red Lobster, Crumbl Cookies, Starbucks, Kroger, Walgreens and More
- Strong Demographics: Population Exceeds 76,000 Within 7-Miles, Expected to Increase by 2027 | Daytime Population Exceeds 98,200+
Investment Overview
Marcus & Millichap is pleased to bring to market Raymond James Finacial Services building located in Jackson, TN.
Exclusively Listed By
Broker of Record
Financing By
