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3175 Linden Dr
Bristol, VA 24202
Linden Place · Local commercial Bien À vendre


Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- 100% leased to a stable tenant mix featuring medical, restaurant, and government uses.
- Immediate adjacency to national retailers such as Walmart, Lowe’s, and The Home Depot.
- Tenants backed by strong guarantors including VDOT and multi-location medical operators with recurring revenue streams.
- Strategic location within a dense retail corridor near over 1.6 million square feet of retail.
- Exceptional visibility and convenient regional access less than 0.5 miles from Interstate 81 (55,000 VPD).
- Regional economic base reinforced by the Tri-Cities MSA, major employers, growing tourism, and the $500M Hard Rock Hotel & Casino project.
Résumé analytique
LINDEN PLACE | UNANCHORED RETAIL STRIP CENTER
• Linden Place is a 12,337 SF multi-tenant retail strip center located in a major retail corridor of Bristol, VA
• 100% leased to a complementary mix of e-commerce-resistant tenants including restaurant and medical users
• The center is adjacent to national retailers including Walmart Supercenter, Lowe’s, The Home Depot, and more
• Tenant lineup includes strong performers such as Harper Medical & Wellness, Hopkins Medical, the Virginia Department of Transportation (VDOT), and El Señor Mexican Restaurant
STRONG TENANT MIX
• 100% leased to a complementary mix of e-commerce-resistant tenants, including medical, government, and restaurant users, driving consistent daily foot traffic
• Harper Aesthetics is backed by a high-net-worth lessee and provides medical aesthetics services to the Tri-Cities region (Bristol–Kingsport MSA)
• Hopkins Medical Association operates 7 locations across Virginia, West Virginia, and Kentucky, offering primary care, pain management, and wellness services
• Virginia Department of Transportation (VDOT) is a state agency with an annual budget of $8.9 billion, providing stable tenancy
• El Señor Rancho operates under a 5-year NNN lease with a personal guaranty and is part of a 5-unit Mexican restaurant group
• The healthcare-focused tenant mix positions the center as a key destination for local medical services while supporting strong, recurring visitatio
LOCATED IN DENSE RETAIL POCKET | 1.6M SF OF RETAIL
• Linden Place is located in a dense retail pocket and is surrounded by 1.6M SF of retail within a 1-mile radius
• National tenants including Walmart, Sam’s Club, Tractor Supply, Olive Garden, Chick-fil-A, The Home Depot, and more are located in this corridor
• Three hotels totaling 475 rooms help drive consistent traffic to the area
INTERSTATE LOCATION WITH 55,000 VPD
• Located less than 0.5 miles from Interstate 81 (55,000 VPD), the property offers strong visibility and convenient regional access
• Interstate 81 serves as a key transportation corridor connecting Syracuse, NY, to Knoxville, TN
BRISTOL, VA | TRI-CITIES ECONOMIC CENTER
• Bristol, VA is part of the Tri-Cities region along with Johnson City and Kingsport, boasting a combined MSA population of over 500,000
• The region is anchored by major employers including Ballad Health (13,800 employees), Eastman Chemical Company, and the $500M+ Hard Rock Hotel & Casino Bristol (10 minutes away)
• Tourism is a major economic driver, led by the iconic Bristol Motor Speedway, which attracts over 1 million visitors annually through major racing events and festivals
• Additional regional draws include the Birthplace of Country Music Museum and the Bristol Rhythm & Roots Reunion Festival, promoting year-round tourism
• Strategically located along I-81 near the Tennessee border, Bristol benefits from strong regional connectivity, cross-state commerce, and logistical access
• Linden Place is a 12,337 SF multi-tenant retail strip center located in a major retail corridor of Bristol, VA
• 100% leased to a complementary mix of e-commerce-resistant tenants including restaurant and medical users
• The center is adjacent to national retailers including Walmart Supercenter, Lowe’s, The Home Depot, and more
• Tenant lineup includes strong performers such as Harper Medical & Wellness, Hopkins Medical, the Virginia Department of Transportation (VDOT), and El Señor Mexican Restaurant
STRONG TENANT MIX
• 100% leased to a complementary mix of e-commerce-resistant tenants, including medical, government, and restaurant users, driving consistent daily foot traffic
• Harper Aesthetics is backed by a high-net-worth lessee and provides medical aesthetics services to the Tri-Cities region (Bristol–Kingsport MSA)
• Hopkins Medical Association operates 7 locations across Virginia, West Virginia, and Kentucky, offering primary care, pain management, and wellness services
• Virginia Department of Transportation (VDOT) is a state agency with an annual budget of $8.9 billion, providing stable tenancy
• El Señor Rancho operates under a 5-year NNN lease with a personal guaranty and is part of a 5-unit Mexican restaurant group
• The healthcare-focused tenant mix positions the center as a key destination for local medical services while supporting strong, recurring visitatio
LOCATED IN DENSE RETAIL POCKET | 1.6M SF OF RETAIL
• Linden Place is located in a dense retail pocket and is surrounded by 1.6M SF of retail within a 1-mile radius
• National tenants including Walmart, Sam’s Club, Tractor Supply, Olive Garden, Chick-fil-A, The Home Depot, and more are located in this corridor
• Three hotels totaling 475 rooms help drive consistent traffic to the area
INTERSTATE LOCATION WITH 55,000 VPD
• Located less than 0.5 miles from Interstate 81 (55,000 VPD), the property offers strong visibility and convenient regional access
• Interstate 81 serves as a key transportation corridor connecting Syracuse, NY, to Knoxville, TN
BRISTOL, VA | TRI-CITIES ECONOMIC CENTER
• Bristol, VA is part of the Tri-Cities region along with Johnson City and Kingsport, boasting a combined MSA population of over 500,000
• The region is anchored by major employers including Ballad Health (13,800 employees), Eastman Chemical Company, and the $500M+ Hard Rock Hotel & Casino Bristol (10 minutes away)
• Tourism is a major economic driver, led by the iconic Bristol Motor Speedway, which attracts over 1 million visitors annually through major racing events and festivals
• Additional regional draws include the Birthplace of Country Music Museum and the Bristol Rhythm & Roots Reunion Festival, promoting year-round tourism
• Strategically located along I-81 near the Tennessee border, Bristol benefits from strong regional connectivity, cross-state commerce, and logistical access
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
1 146 m²
Classe d’immeuble
C
Année de construction
2004
Prix
1 824 586 €
Prix par m²
1 591,93 €
Taux de capitalisation
9 %
RNE
164 217 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,27
Surface du lot
0,42 ha
Zone de développement économique [USA]
Oui
Caractéristiques
- Visibilité de l’autoroute
- Restaurant
- Signalisation
- Panneau monumental
Taxes foncières
| Numéro de parcelle | 22853 | Évaluation des aménagements | 665 772 € |
| Évaluation du terrain | 618 155 € | Évaluation totale | 1 283 927 € |
Taxes foncières
Numéro de parcelle
22853
Évaluation du terrain
618 155 €
Évaluation des aménagements
665 772 €
Évaluation totale
1 283 927 €
1 sur 11
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