16720 Highlands Trl Bristol, VA 24202
The Highlands Shopping Center, located at 16720 Highlands Trail in Bristol, Virginia, presents a significant retail investment opportunity. This established shopping center encompasses a substantial 165,337 square feet of retail space, distributed across five individual suites, making it ideal for a variety of businesses. The property sits on a generous 20.83-acre lot, providing ample space for expansion or future development. With a total of 845 parking spaces, customer convenience is ensured. The center's prime location in Washington County, Virginia, offers excellent visibility and accessibility, attracting a strong customer base. The property is currently available for lease, presenting a unique chance to acquire a well-established retail center in a thriving market. The multiple-suite configuration allows for flexibility in tenant mix and lease terms. This is a rare opportunity to secure a substantial retail property in a desirable location with significant parking and land area. The property's size and location make it an attractive investment for both established businesses and new ventures seeking a strong foothold in the Bristol market. The address is 16720 Highlands Trail, Bristol, VA 24202.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.