NEW 15 YEAR NNN HTEAO LEASE
• The subject property features a 15 year NNN lease with 10% rent increases every 5 years in the initial lease term and options.
• This property is currently under construction and features a drive-thru with two access points. Rent to commence May 1 2026.
• Full passthrough lease with no landlord responsibilities.
• Tenant is responsible for all expenses including taxes, insurance, parking lot, roof, and structure.
HTEAO GROWTH
• HTEAO is America's largest iced tea franchise & ranked #59 on Inc Magazine's 500 Regionals Southwest
• Rapidly growing franchise with 165+ locations in 10 states with 100+ more locations under construction
• Top 50% of stores averaging $1.4m in sales volume
MAJOR RETAIL CORRIDOR
• Positioned on Dolly Parton Parkway along a major retail corridor with 50,000+ vpd
• Additional neighboring retailers include Culver's, Andy's Frozen Custard, McDonalds, Bojangles, Aubrey's Wendy's, A&W, Taco Bell, and KFC
SEVIERVILLE & PIGEON FORGE TOURIST ATTRACTION
• The site is strategically positioned just off Hwy66 & the Parkway running through Sevierville to Pigeon Forge seeing 14,000,000 annual visitors.