Description

This exceptional net-leased investment features an AT&T retail store ideally positioned along the Parkway in Sevierville, located in the heart of the Great Smoky Mountains tourism corridor. With traffic counts exceeding 45,000 vehicles per day, the property offers outstanding visibility and exposure along the area’s primary commercial thoroughfare. Sevierville, the county seat of Sevier County in East Tennessee, is a high-performing tourist destination with strong year-round traffic. The tenant has operated at this location since 1978, and a recently renewed lease underscores its long-term commitment to the site. The 2,828-square-foot building sits on approximately a half-acre lot in the center of the commercial corridor and operates under a NN lease structure. The current lease term runs through September 30, 2028, with two additional five-year renewal options featuring 10% rent increases at each option period. The property generates annual rental income of $65,326.80 and is offered at $1,050,000, reflecting a 6.2% cap rate—providing stable income in one of Tennessee’s most dynamic retail and tourism markets.