Chapel Hill Shops at Jackson at 305 Whitesville Road in Jackson — Courtesy: Marcus & Millichap
By Joshua Burd
A local private investor has closed on its purchase of an 8,000-square-foot retail center in Jackson, in a newly announced deal by Marcus & Millichap.
Known as Chapel Hill Shops at Jackson, the property at 305 Whitesville Road is fully leased to a mix of local, service-oriented tenants, the listing team said. Those users benefit from a region with steady residential growth and demand for neighborhood-serving retail, with an average household income within one mile exceeding $141,000.
Marcus & Millichap’s Chez Eider represented the seller, a national investor, and procured the buyer. He noted that the site’s new owner plans to continue operating the property while evaluating long-term opportunities.
“Transactions like this are often the result of long-term engagement with both ownership and active investors across asset classes,” said Eider, a senior director for investments with Marcus. “Understanding the objectives on both sides can create opportunities where there is strong alignment and a clear path to closing, regardless of asset type.”
