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3175 Linden Dr
Bristol, VA 24202

$2,345,000 USD

Storefront Retail Office For Sale  •  12,337 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 12,337 SF
  • Lot Size 1.03 AC
  • Building Class C
  • Year Built 2004
  • Cap Rate 7.50 %
  • Tenancy Multiple
0 Transit Score
47 Walk Score

Highlights

Multi-Tenant Retail Strip Center – Two Tenants – Strong Cash Flow and Upside – Major Retail Traffic Corridor & Interstate Exit
Opportunity Zone Location – 12,337 SF – Infill Retail Corridor – Interstate 81 (55,000 Vehicles Per Day) from Tennessee to New York
High Profile Location – Busy Area – Interstate Frontage – Average HHI of $84,196 Within a 20 Mile Radius
Nearby National Retailers include Walmart Supercenter, Sam’s Club, Rural King, Dollar Tree, Tractor Supply Co, Ashely Furniture, Mattress Firm
Additional Retailers Nearby: Dollar Tree, Dollar General, Cinemark, Olive Garden, Perkins, IHOP, Chili’s, Verizon, AT&T, Wendy’s and Starbucks
New 5 Yr NNN Lease to El Senor Rancho – 5 Unit Mexican Restaurant Operator – Personal Guaranty

Property Flyers

Financial Summary (Actual)

Net Operating Income: $175,810 USD (2024)
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
El Senor Rancho Mexican Restaurant 3,990 SF 6/30/2030
Harper Medical Aesthetics & Wellness, Inc. 8,347 SF 9/30/2027

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage
  • Monument Signage

Public Transportation

AirportDriveWalkDistance
Tri-Cities 29 min - 21.9 mi
Spencer O'Donnell 714-400-6267 Charter Realty Company
Spencer O'Donnell 714-400-6267 Charter Realty Company