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Fast Pace Health NNN Property
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1231 Volunteer Pkwy, Bristol, TN 37620

Single-tenant healthcare asset subject to an absolute NNN lease with contractual rent growth and extension options.

Property Size3,600 SF
Price / SF$910.83
Days on Market152

Property Features for 1231 Volunteer Pkwy

General Information

Standard status Active
Size 3,600 SF
Property subtype Office, Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $229,500

Building Details

Year Built 2024
Tenancy Single
Owner Occupied No
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Alex Sharrin · License #IL 475.170243
Source: Crexi
Added: Apr 2 Changed: Aug 31 Last Checked: Aug 31 at 5:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL Chicago | Americas Headquarters

Investment Insights

Based on property information with market context.

The property is a 3,600-square-foot, single-tenant Fast Pace Health urgent care facility constructed in 2024. The offering includes the fee simple interest in the healthcare property at 1231 Volunteer Parkway in Bristol, Tennessee.

An absolute NNN lease is in place with approximately 14.0 years of primary term remaining, 2.0% annual rent escalations, and three five-year renewal options. The asset combines a recently built medical facility with a long-term contractual lease structure and defined extension rights.

Key Highlights

  • 3,600‑square‑foot urgent care facility built in 2024
  • Single‑tenant Fast Pace Health healthcare property
  • Absolute NNN lease with ±14.0 years of primary lease term remaining

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Auto Parts Store Electrical Service Garden Center Storage Facility Gym & Fitness Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby

Demographics for 37620, TN

38,245
Population
18,119
Households
2.1
Avg Household Size
45
Median Age
26%
College-Educated
90%
High-School Grad
128.2 sq mi
ZIP Area
298
Density / Sq Mi
$54,908
Median Household Income
$36,017
Median Earnings
$809
Median Rent
$175,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant healthcare asset subject to an absolute NNN lease with contractual rent growth and extension options.
Where is this nnn property located?
The property is located at 1231 Volunteer Pkwy Bristol, TN.
What is the asking price?
The asking price for this property is $3,279,000.
What are key features of this property?
This property features: 3,600‑square‑foot urgent care facility built in 2024; Single‑tenant Fast Pace Health healthcare property; Absolute NNN lease with ±14.0 years of primary lease term remaining
More about this property
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