INVESTMENT HIGHLIGHTS
Multi-Tenant Retail Strip Center – Two Tenants – Strong Cash Flow and Upside
Major Retail Traffic Corridor & Interstate Exit
Strong Regional Tenants – 12,337 SF – Infill Retail Corridor
Interstate 81 (55,000 Vehicles Per Day) from Tennessee to New York
5 Yr NNN Lease to El Senor Rancho – 5 Unit Mexican Restaurant Operator – Personal Guaranty
Harper Aesthetics – High Net Worth Lessee – Medical Aesthetics serving the Tri-Cities region (Bristol-Kingsport MSA)
Virginia Department of Transportation (VDOT) – State Agency with an Annual Budget of $8.9 Billion
Hopkins Medical Association – 7 Locations Throughout Virginia, West Virginia, & Kentucky
Strong Demographics – 40,135 Residents Within a 5 Mile Radius
Average HHI of $84,196 Within a 20 Mile Radius
High Profile Location – Busy Area – Interstate Frontage
Nearby National Retailers include Walmart Supercenter, Sam’s Club, Target, Home Depot, Lowe’s, Burlington, TJ Maxx, PetSmart, Bealls, Food City, Five Below, Ross Dress for Less, Rural King, Dollar Tree, Tractor Supply Co, Ashely Furniture, Mattress Firm, Dollar Tree, Dollar General, Cinemark, Olive Garden, Perkins, IHOP, Chili’s, Verizon, AT&T, Wendy’s and Starbucks
Adjacent to the Two Largest Hotels in the Bristol Area (Delta Hotels & Courtyard by Marriott) – 10 Minutes to Hard Rock Hotel & Casino Bristol
Opportunity Zone Location – Community Driven Retail
Ideal 1031 Exchange Opportunity – Ease of Management
Stable Cash Flow – Free and Clear of Debt
Across from the Virginia Intermediate School – Opened 2024 Consolidating all Elementary Schools in Bristol, VA into one Campus – Huge Traffic Draw