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2131 Volunteer Pky
Bristol, TN 37620 Outer Bristol

$1,424,966 USD

General Retail For Sale  •  6,984 SF

Property Details

  • Property Type General Retail
  • Total Building Size 7,845 SF
  • Year Built 2004
0 Transit Score
28 Walk Score

Highlights

Value-add Potential – Shops of Volunteer Pkwy has one tenant paying as low as $5.50 PSF, providing a significant opportunity for future upside
Strip Center Intrinsic – Shops of Volunteer Pkwy embodies the low risk associated with smaller, leasable tenant spaces.
E-Commerce Resilience – Tenancy profile is predominantly service oriented- offering resistance to online retail disruption.
Attractive Retail Design – Shops of Volunteer Pkwy features prominent signage, ample parking, and high visibility, ideal for tenant success
High Yield Investment – 9.00% cap rate offers investors a high day one yield on in place NOI.
Tenant Stability – Tenants have executed multiple renewals showing years of commitment to the site and ensuring stable cash flow.

Public Transportation

AirportDriveWalkDistance
Tri-Cities 22 min - 13.3 mi
Robert Tate 866-889-0550 Matthews Real Estate Investment Services
Robert Tate 866-889-0550 Matthews Real Estate Investment Services