Old Hickory Center

• E-Commerce Resilience – The tenant roster is predominantly service-oriented, providing a strong level of resistance to e-commerce disruption and supporting durable, needs-based tenancy.
• 100% Occupancy – Old Hickory Center is fully leased to a synergistic mix of tenants, providing an investor with stable in-place cash flow from day one.
• Recent Capital Improvements – A new TPO roof has recently been installed, while multiple HVAC units have been replaced or upgraded within the past several years, helping minimize near-term capital expenditure requirements.
• Small-Shop Retail Fundamentals – Old Hickory Center benefits from the inherent advantages of smaller, leasable tenant spaces, including a broad tenant pool, manageable suite sizes, and the ability to backfill vacancies without significant downtime or capital requirements.
• Attractive Price Per Square Foot – The property offers an attractive cost basis on a per-square-foot basis, providing downside protection while creating potential upside through the renewal and re-leasing of below-market and/or rolling leases.
• Proven Long-Term Tenant Commitment – Three of the four tenants have occupied their respective suites for more than 10 years, demonstrating strong tenant performance and a proven commitment to the location. Three tenants also recently executed new leases in 2023 and 2024, further supporting the stability of the tenancy.
• Desirable Tennessee Market – Situated in a tax free state, offering significant savings and investment appeal.
• Jackson, TN is a Regional Retail Hub – Jackson serves as a regional retail, employment, and entertainment destination, drawing consumers from a trade area of more than 400,000 people and benefiting from its strategic location along major transportation corridors.
• Low Retail Vacancy – Jackson’s retail market has maintained relatively low vacancy levels, supported by steady population growth, strong consumer demand, and limited availability of quality retail space.
• Affluent Demographics – The property benefits from favorable surrounding demographics, with an average household income of $74,384 within a 3-mile radius, supporting strong consumer spending potential.