This attractive, well-maintained and fully leased neighborhood retail center features a rectangular building with six in-line units. Additionally, a small part of the property is ground leased long-term to a diner restaurant tenant. The center is located in a bustling commercial area with numerous restaurants, hotels, big box home improvement stores, and other retailers. A new 185,000 square foot retail development is under construction nearby. Sales Info: ■ Commision split: 3.0% Location Description: The property is located a short distance north of Sevierville's central business district. It is in an area of dense commercial development, including retailers, restaurants, and hotels. It is in front of the retail center anchored by Lowe's Home Improvement and Kroger. Highlights: ■ Strong cap rate upside if all lease contract provisions are enforced. ■ High visibility location with easy access for local and tourist traffic. ■ Impressive average daily traffic count. ■ Corner property fronts the primary tourist traffic artery for the area's 11-13 million visitors. ■ Tenants include Mexican, Chinese, and stand-alone diner restaurants. ■ New roof within past two years. « show less
This attractive, well-maintained and fully leased neighborhood retail center features a rectangular building with six in-line units. Additionally,... show more »
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