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2131 Volunteer Pkwy, Bristol, TN, 37620

Shops of Volunteer Pkwy
$1,000,000

Key Information

Cap Rate
13%
Tot. SF
7,845
Year Built
2004
Type
Shopping Centers
Occupancy
100%
NOI
$130,038

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 in rent growth.
  • 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 and consumer convenience.
  • High Yield Investment – 13.00% 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.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203