710 Dolly Parton Pky - Bank FOR SALE
Sevierville, TN 37862 |
$1,740,000 USD
404-934-5558
710 Dolly Parton Pky
Sevierville, TN 37862
HIGHLIGHTS
- 15-year absolute NNN lease with 7 years of term remaining | Rent increases 10% in 2028
- SmartFinancial, Inc. (NYSE: SMBK) is headquartered in Knoxville, TN and is the official bank of Dollywood | Total assets for SMBK exceed $5.5B
- SmartBank currently has 42 bank branches across TN, AL and FL | The subject Property has strong deposits of $102M
- SmartBank is well-positioned at a signalized intersection along US-441 with 42,000+ VPD
- Busy daytime population adjacent to Food City (top 9%), Downtown Sevierville, Dollywood (3M+ visits) & Covenant Health LeConte Medical Center
- Major retail hub near Tanger Outlets, Walmart (#1 in US), Publix, Kroger, Home Depot, BJ’s, Target, Hobby Lobby, Dick’s and HomeGoods, Lowe’s & Ross
FOR SALE DETAILS
PRICE
$1,740,000 USD
PRICE/SF
$690 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SmartBank | Knoxville MSA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Freestanding, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
21
LAND DETAILS
LAND ACRES
0.67 AC
LAND SF
29,185 SF
ZONING
C-4
APN/PARCEL ID
049L-A-024.00
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404-934-5558
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404-934-5558
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