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Service-Oriented Strip Mall
New
For Sale
$1,000,000

2131 Volunteer Pkwy, Bristol, TN 37620

Established retail center with prominent signage, ample parking, and a predominantly service-based tenant profile.

Property Size7,845 SF
Days on Market4

Property Features for 2131 Volunteer Pkwy

General Information

Standard status Active
Size 7,845 SF
Property subtype Commercial
Occupancy 100%
Net Operating Income $130,038

Additional Details

Cap Rate 13%

Building Details

Building Size 7,845 SF
Year Built 2004
Tenancy Multi
Listing Agency: Matthews
Listed By: Robert Tate · License #373106 (TN)
Source: Matthews
Added: Aug 28 Changed: Aug 30 Last Checked: Aug 30 at 12:50PM

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 Matthews

Investment Insights

Based on property information with market context.

Shops of Volunteer Pkwy is a strip mall developed in 2004 with a predominantly service-oriented tenant base. The property includes prominent signage and ample parking, supporting customer access and tenant identification. Multiple tenant renewals reflect continued occupancy commitments at the center.

The property is located at 2131 Volunteer Pkwy in Bristol, Tennessee. The in-place investment carries a 13.00% cap rate, providing a defined metric for evaluating current operations.

Key Highlights

  • 2004‑built strip mall at 2131 Volunteer Pkwy, Bristol, TN 37620
  • 13.00% cap rate based on in‑place NOI
  • Predominantly service‑oriented tenant profile

Property Analytics

Current Use

King Dental Arts ... Dental Office Advance Financial Loan Service Colormatch Hardware & Home Improvement Western Union Bank Action 24/7 Bank

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Hair Salon Electrical Service Restaurant

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby
89k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 81% Shops & Services 15% Dining 4%
Walmart Superstores
71,812 visits/mo 0.4 miles
Murphy USA Shops & Services
11,795 visits/mo 0.4 miles
Pizza Hut Dining
3,394 visits/mo 0.1 miles
Enterprise Rent-A-Car Shops & Services
1,590 visits/mo 0.2 miles
Gerber Collision & Glass Shops & Services
359 visits/mo 0.5 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Established retail center with prominent signage, ample parking, and a predominantly service-based tenant profile.
Where is this strip mall located?
The property is located at 2131 Volunteer Pkwy Bristol, TN.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 2004‑built strip mall at 2131 Volunteer Pkwy, Bristol, TN 37620; 13.00% cap rate based on in‑place NOI; Predominantly service‑oriented tenant profile
More about this property
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