$2,046,000 USD
866-889-0550
1159 Volunteer Pky
Bristol, TN 37620
Outer Bristol
HIGHLIGHTS
- TENANT STABILITY – Long-term leases in place, with several tenants showing years of commitment to the site, ensuring stable cash flow.
- RENT GROWTH – Majority of the tenants are paying below market rent, presenting an opportunity for future rent growth.
- STRIP CENTER INTRINSICS – Crown Plaza embodies the low risk associated with smaller, leasable tenant spaces.
- LIMITED RETAIL INVENTORY IN THE AREA – Sticky tenants.
- E-COMMERCE RESILIENCE – Tenancy profile is predominantly service oriented, offering resistance to online retail disruption.
FOR SALE DETAILS
PRICE
$2,046,000 USD
PRICE/SF
$183 USD /SF
CAP RATE
6.67%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.71 AC
LAND SF
30,928 SF
ZONING
Commercial
APN/PARCEL ID
037F-B-036.01
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866-889-0550
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866-889-0550
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