- For Sale $613,000
- Property Type Retail - Freestanding
- Property Size 2,000 SF
- Units 1
- Lot Size 0.34 Acre
- Property Tenancy Single Tenant
- Year Built 1959
- Year Renovated 2024
- Date Updated Mar 1, 2024
- Less than 1/4 Mile From New Hard Rock Resort & Casino
- Free Standing Building on W. State Street (20k+ CPD)
- Less than 3 Miles From Bristol Regional Medical Center**SINGLE TENANT NET LEASE – SAVIDA HEALTH** Discover an exceptional investment opportunity with a single tenant net lease featuring Savida Health in Bristol, Tennessee. Priced at $613,000 with a 7.50% cap rate, this property offers a solid NOI of $46,000. The lease includes a 5-year initial term with two 2-year options, and rental increases of 2% annually starting from March 2024. Located at 2725 W State St, Bristol, TN 37620, this property boasts a prime spot offering numerous advantages. Situated less than a quarter-mile from the upcoming Hard Rock Resort and Casino and just 3 miles from The Pinnacle, Bristol's premier shopping destination, this area experiences limited vacancy, making it a highly sought-after location. Don't miss out on this lucrative investment in a thriving market. Contact us today for more details on this outstanding property opportunity with Savida Health in Bristol, TN
NOTE: Listing Agents are also the owners of the property.
-Guaranteed by Savida Holdings, LLC
-Savida Operates Over 50+ Locations
-LL Responsibilities: Roof & Structure (Tenant Self-Maintains)
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Attachments
False
Contacts
Chase Roswall
Interstate Realty Co.
(423) 612-2576
Location
Getting Around
-
Walk Score ®
Somewhat Walkable (60) -
Bike Score ®
Somewhat Bikeable (29)
Powered by Walk Score ®
- City Bristol, TN
- Neighborhood West Ridge
- Zip Code 37620
Points of Interest
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Shell
0.20 miles
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Exxon
0.28 miles
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Kroger
0.39 miles
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Scotchman
1.52 miles
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Shell
1.60 miles
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Foodcity Gas & Go
2.49 miles
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Fasmart
2.67 miles
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Scotchman
8.05 miles
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Shell
9.37 miles
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Mill Creek Parking Lot
1.21 miles
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Sonic
0.02 miles
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Subway
0.06 miles
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Captain D's
0.06 miles
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McDonald's
0.11 miles
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Arby's
0.14 miles
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Sakura Express Japanese
0.17 miles
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Pizza Plus
0.18 miles
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KFC
0.20 miles
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Pizza Hut
0.23 miles
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Taco Bell
0.24 miles
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Big Lots
2.06 miles
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Belk
2.39 miles
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Food City
2.43 miles
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Marshalls
2.52 miles
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Walmart Supercenter
3.55 miles
Contact Listing Broker
Chase Roswall
Interstate Realty Co.
(423) 612-2576