1159 Volunteer Pkwy

Retail-Commercial for Sale
Catylist Listing ID: 30638456
Property Subtypes: Mixed Use, Street Retail
Building Size (RSF): 10,200 SF
Gross Building Area: 10,020 SF
Gross Land Area: 0.98 SF
Sale Price: $1,000,000
Unit Price: $98.04 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: 1159 Volunteer Pkwy
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2020

Overview / Comments

Well kept center built in 2003 located along busy Volunteer Parkway in Bristol, TN. Volunteer Parkway provides the major roadway access from population south and west. 25,000 cars a day passed by in 2016. High profile visibility and a hub of retail provide opportunity for outstanding customer visits and retail synergy. Full glass frontage and opportunity for eye catching signage further highlight this opportunity.

Downtown Bristol is three miles up the road and Bristol Motor Speedway is located along Volunteer Parkway 4.5 miles to the south.

Attachments & Media

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 082 037F B 03601 000 2017
Zoning: COMMERCIAL
Retail Clientele: General, Family, Tourist
Property Located Between: Volunteer Pkwy
Property Visibility: Excellent
Largest Nearby Street: Volunteer Pkwy
Feet of Frontage: 125
Traffic/Vehicle Count: 25,000
Highway Access: Voluneer Pkwy Frontage
Site Description: Situated on the major thoroughfare from Johnson City north to Bristol offering exposure to over 25,000 cars daily (TDOT). Downtown Bristol is 3 miles northeast and Bristol Motor Speedway is 5 miles to the south.
Area Description: Bristol's southern retail hub.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,020 SF
Property Condition: Good
Year Built: 2003
Roof Type: Flat
Exterior Description: Masonry and Stucco
Total Parking Spaces: 44
Parking Ratio: 41 (per 1000 SF)
Parking Description: Surface with Handicap

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,584 35,348 54,093
Median Age: 44.71 40.66 42.21
Households: 2,063 15,246 23,327

Contact

Photograph of Listing Agent

Justin Sterling

NAI Koella | RM Moore KAAR CIE Member
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