For Sale
$6,900,000

1442 Winfield Dunn Pkwy Sevierville, TN 37876

High-Traffic Retail Opportunity in TN

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 48,660 square foot, three-story antique mall presents a compelling investment opportunity in Sevierville, Tennessee. Boasting 100% occupancy with over 200 vendors, this stabilized retail property sits on a 3.2-acre lot along Winfield Dunn Parkway (Highway 66), benefiting from high visibility and significant daily traffic counts (55,826 average). The property, built in 1994, is classified as a Class B storefront with a modified lease structure and a remaining lease term of one year. The asking price is $6,900,000, representing a price per square foot of $141.80 and a 6.00% cap rate. The property's AC Arterial Commercial (C-4) zoning allows for a variety of uses. Located in Sevier County, a thriving tourism hub with over $3 billion in annual revenue and 14 million annual visitors, this property benefits from its proximity to the Sevierville Convention Center, Wilderness at the Smokies, and the Great Smoky Mountains National Park, the nation's most visited national park. The property's location on the inbound side of Highway 66 ensures high visibility and accessibility for tourists entering the area. This is a rare opportunity to acquire a well-established, high-performing retail property in a prime location within a booming tourist destination. The property's legal description is APN 078027 01000, and it is owned by an LLC.

Highlights

  • High-traffic location with 55,826 average daily vehicles.
  • Excellent visibility on the inbound side of Highway 66.
  • Close proximity to Sevierville's retail core.

Property Details for 1442 Winfield Dunn Pkwy

Property type
Retail properties, Retail space
Square Feet
48,660 SF
Class
B
Year Built
1994
Buildings
1
Stories
3
Lot Size (sq. ft)
139,392 SF

Location Insight

City
Sevierville
County
Sevier
State
Tennessee
Latitude
35.9084858
Longitude
-83.5825342

FAQs

What type of property is this?
Retail property - High-Traffic Retail Opportunity in TN
Where is the retail property located?
The property is located at 1442 Winfield Dunn Pkwy Sevierville, TN.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: High-traffic location with 55,826 average daily vehicles.; Excellent visibility on the inbound side of Highway 66.; Close proximity to Sevierville's retail core.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1442 Winfield Dunn Pkwy
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