3167 Linden Dr
Bristol, VA 24202
Red Lobster · Retail Property For Sale

This Red Lobster is located at 3167 Linden Drive in Bristol, Virginia. Bristol is an independent city, with the twin city of Bristol, Tennessee, just across the state line which runs down the middle of its main street. Surrounding Retail and Points of Interest The subject property is well-positioned in a dense retail corridor, benefiting from its proximity to major national and local retailers. Major national tenants that surround the Red Lobster property include: Walmart, Target, Lowe’s, Holiday Inn, Sam’s Club, The Home Depot, Best Buy, T.J.Maxx, Starbucks, Olive Garden, IHOP, Dollar Tree, Taco Bell, Dairy Queen, Outback Steakhouse, Golden Corral, Cinemark, Cracker Barrel, as well as many others. The Birthplace of Country Music, established to preserve and promote the rich music heritage Bristol has to offer, is located within five miles from the subject property. John S. Battle High School, with nearly 700 students enrolled, is located less than two miles from the subject property. Additionally, Sugar Hallow Park, one of Bristol’s main attractions, with softball & soccer fields plus a pool, playground, campsites and picnic areas galore is located just two miles from the subject property. Traffic Counts and Demographics There are approximately 15,548 individuals residing within a three-mile radius of the property and more than 41,454 within a five-mile radius. The Red Lobster property is located near Lee Highway. Lee Highway has average daily traffic counts of 19,000 vehicles. Bristol, Virginia Bristol’s vibrant downtown is where unique cultural and historical heritage is celebrated; where a sustainable vigorous economy is enjoyed; and where the quality of life is enhanced by abundant opportunities for living, working, shopping and playing. Bristol’s economy is dominated by the industries of Healthcare, Retail and Accommodations, which combine to employ over 40% of the region’s working population. A number of programs have been instituted to promote the purchase and investment in real property as well as job creation. Tax incentives are given for businesses for real asset reinvestment. An expansive technical infrastructure adds to the attractiveness of Bristol, Virginia as a location for business growth and investment. Bristol has seen an increase in tourism traffic, with significant progress made to the establishment of the Battle of Blountville Civil War Military Park, and the restoration of the Old Sheriff’s Home nearing completion. Qore Systems, Chris Renee Cosmetics, Crown/Dash Ventures, and Love’s Travel Stop have also invested heavily in the region, adding hundreds of jobs for all skill levels.