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The building, not the business – commercial property on Union University Drive sells for $1.5 million plus

Commercial property occupied by Sun Tan City, 1478 Union University Drive, has been sold.

William Cefalu TR, William Cefalu Revocable Trust purchased the property from STC Investment Group for $1,556,000.

The transaction adds to a growing list of commercial property sales in Jackson and Madison County.

Earlier this month, Lucky’s Pizza Huts LLC, purchased property occupied by Arby’s Restaurant, 1984 South Highland Avenue, from BC North Partners for $1,555,555.

Arby’s opened its fourth and newest restaurant in Jackson at the South Highland Avenue address, January 31, 2022.

In February, property home to a Slim Chickens franchise, 6 Channing Way, sold for $3,120,000.

Slim Chickens opened November 8, 2021.

Also in February, property home to a Wendy’s restaurant at 873 Vann Drive sold.

Cactus Development Partnership purchased the property from WRG Realty for $2,711,115.

The building was renovated and reopened for business in March 2019.

(PHOTO: 1478 Union University Drive)

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