The Falls
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The Falls Bristol, VA 24202 is an exceptional investment opportunity for savvy commercial real estate investors. This retail development boasts incredible visibility from I-81, with over 55,000 daily commuters, and Lee Hwy with over 20,000 daily drivers. With 1.35 acres to 35 acres outlots available, this development is expected to grow to over a million sq. ft. of retail space. The current tenant list includes big names such as Lowe’s, Aldi, and Hobby Lobby, and attracts over 3 million customers per year. Local demographics are just as impressive, with a 2021 estimated population of nearly 80,000 within a 5-mile radius and a median household income of over $50k. But it’s not just the current stats that make The Falls an appealing investment. The upcoming Hard Rock Hotel and Casino expected to open in summer 2024, just 5 miles away, is sure to boost local tourism and drive even more traffic to this thriving retail development.
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