Jackson TN - Southern Roofing and Renovations

Description:

Investment highlights
New 5-Year NNN Lease signed in August 2024
Minimal landlord responsibilities offering an ideal, low management investment for an out-of-state, passive investor
Scheduled rent increases providing a hedge against inflation
Strong demographics with more than 37,800 residents within 5 miles

Investment Summary
This investment opportunity offers a 2,808sf office building on 2.1ac leased to Southern Roofing and Renovations, one of the nations largest residential roofing contractors. Southern Roofing and Renovations currently has 23 locations in 8 different states. In August 2024 they signed a 5-year lease with 1 (5yr) option to extend that includes annual rental increases. This office location is critical to managing the contractor’s everyday work and is also used to store supplies for their jobsites. The 2.1acres site provides for additional growth and landlord upside.

High traffic location – 45,045 cars per day on South Highland Ave – with excellent access and visibility
2.5 miles south of Downtown Jackson