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737 Dolly Parton Pky, Sevierville, TN, 37862

The Shops at Sevierville II
$2,510,348

Key Information

Cap Rate
7.75%
$ per SF
$182
Tot. SF
13,790
Year Built
2005
Type
Retail
NOI
$194,552

Highlights

  • 100% Leased | NNN Structure – Fully leased asset featuring NNN leases with minimal landlord responsibilities; all operating expenses (taxes, insurance & CAM) are reimbursed by the tenant.
  • Prime Outparcel to Food City – Strategically positioned as an outparcel to a top-performing grocery anchor, driving consistent foot traffic and long-term location viability.
  • High Traffic Exposure – Located along Dolly Parton Parkway with over 40,000 vehicles per day, offering excellent visibility and accessibility.
  • Top-Tier Retail Synergy – The adjacent Food City ranks in the 100th percentile statewide and nationally, while nearby AutoZone ranks in the 95th percentile in Tennessee and 96th percentile nationally (per Alpha Maps), highlighting the strength of the immediate retail corridor.
  • Dominant Retail Corridor in Sevierville – Positioned within a prime commercial corridor serving the surrounding trade area, benefiting from strong local and tourist-driven traffic.
  • Inflation-Resistant Investment – The NNN structure helps hedge against rising costs, preserving NOI and investor returns over time.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 263667, 356505 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203