Property profile

16720 Highlands Trl Bristol, VA 24202

OFF-MARKET
Lifestyle centers
165,337 SF 20.83 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Lifestyle centers
Total area 165,337 SF
Lot 20.83 ac (907,355 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16720 Highlands Trl Bristol, VA 24202
Bristol metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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