Old Hickory Mall in Jackson, Tennessee, Hits the Market for Redevelopment
The Old Hickory Mall, a longtime retail landmark in West Tennessee, is now officially for sale, presenting a major opportunity for mixed-use redevelopment.
The enclosed mall, located at 2021 N. Highland Ave., sits on approximately 44.6 acres of prime real estate just two miles from Interstate 40. It is being marketed by NAI Global and NAI Charter as exclusive advisors to the owner. The property includes two buildings, ample parking for about 2,790 vehicles, and is positioned in the planned Jackson Plaza Events and Entertainment District.
Originally opened in 1967 as an open-air shopping center and later enclosed, Old Hickory Mall has served as a regional shopping destination between Memphis and Nashville. Anchored currently by Belk (which owns its building via ground lease) and JCPenney, with two other anchor spaces vacant, the site offers significant potential for adaptive reuse or new development, including a substantial multifamily residential component.
City officials have expressed strong support for revitalizing the area, aligning with broader economic development goals. The listing highlights the mall’s strategic location in a growing corridor and its status as one of the largest contiguous developable sites in the region.
Details on pricing and specific terms are available in the deal room for interested buyers. This sale marks a pivotal moment for the property amid evolving retail landscapes across the U.S.
