Multi-Tenant Retail Strip - Old Bakery Center 2940 Paulena Dr

Exclusively Listed in association with J. Michael Nidiffer | VA License No. 0225 018202
We are excited to present qualified investors with an exceptional opportunity to acquire a retail portfolio of three (3) strip center properties, available individually, located in Bristol, VA (Kingsport MSA), featuring ideal shopping center sites that include frontage directly on Interstate-81 (55,000 vehicles per day) and locations right next to a Walmart Supercenter-Sam’s Club-anchored power center.   
Linden Place Shopping Center includes two tenants, Harper Aesthetics and El Rancho Senor Mexican restaurant, which are successful, regional tenants with proven track records.  The Harper Aesthetics high-networth operator has 7 locations under the Hopkins Medical Association banner and El Rancho Senor operates 5 restaurants in the chain and their new lease includes a personal guaranty. 
The Old Bakery Shopping Center features a GSA lease to the Armed Forces Career Center and Space Apes Help & CBD, with a 1,347 vacancy that provides substantial upside as a value-add component.  The inclusion of the third property, the former T-Mobile single-tenant vacant building, allows for opportunistic returns to a retail investor/developer. 
This is a rare opportunity to purchase a recently renovated, multi-tenant retail investment portfolio on prime real estate that is 56.9% occupied in a high-demand market, offering investors long-term cash flow and potential for significant returns.