620 Parkway Local commercial 263 m² À vendre Sevierville, TN 37862 893 865 € (3 402,22 €/m²) Taux de capitalisation 6,22 %

AT&T store in the Great Smoky Mountains! LOCATION LOCATION LOCATION! This store is located along the Parkway (main road) in Sevierville, TN. Over 45,000 vehicles per day on the Parkway. Sevierville is the county seat of Sevier County Tennessee located in east Tennessee. The tenant has been in operation here since 1978. Renewed lease demonstrates long-term commitment to this location. High performing tourism corridor plus stable income stream. This store is a NN lease. The 2,828 square foot building sits on about 1/2 acre lot right in the middle of the commercial corridor! The lease expires Sept 30, 2028 and has 2 - 5 year options. There is a 10% increase at each option period. The yearly rental income is $65,326.80. 6.2% CAP with a Sales Price of $1,050,000.