737 Dolly Parton Pky - Retail FOR SALE
Sevierville, TN 37862 |
$2,510,348 USD
256-251-2667
737 Dolly Parton Pky
Sevierville, TN 37862
HIGHLIGHTS
- Fully leased 13,790 SF strip center with absolute NNN leases and zero landlord responsibilities.
- Prime outparcel to Food City, a top-performing grocery anchor, driving consistent foot traffic.
- Located on Dolly Parton Parkway with over 40,000 vehicles per day for maximum visibility.
- Strong tenant synergy with AutoZone and FedEx/Kinko's, plus 100% occupancy and 5 tenants.
- 7.75% cap rate and $194,552 NOI provide stable, passive cash flow for investors.
- Nearly 30 years of ground lease term remaining, offering long-term, inflation-resistant income.
FOR SALE DETAILS
PRICE
$2,510,348 USD
PRICE/SF
$364 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Shops at Sevierville
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
050N-A-006.00
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256-251-2667
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256-251-2667
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