2131 Volunteer Pky
Bristol, TN 37620
Outer Bristol
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.
FOR SALE DETAILS
PRICE
$1,424,966 USD
PRICE/SF
$204 USD /SF
CAP RATE
9.02%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Shops of Volunteer Pkwy
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
053I-A-016.20
ASK ABOUT THIS PROPERTY
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866-889-0550
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