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Krispy Kreme NNN Property
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4074 Parkway, Pigeon Forge, TN 37863

Single-tenant property leased under an absolute NNN ground lease with contractual rent increases and renewal options.

Property Size3,600 SF
Price / SF$683.33
Days on Market20

Property Features for 4074 Parkway

General Information

Standard status Active
Size 3,600 SF
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $162,365

Building Details

Year Built 2015
Tenancy Single
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Alex Sharrin · License #IL 475.170243
Source: Crexi
Added: Aug 13 Changed: Aug 31 Last Checked: Aug 31 at 1:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL Chicago | Americas Headquarters

Investment Insights

Based on property information with market context.

The property is a 3,600-square-foot, single-tenant Krispy Kreme building completed in 2015. It operates under an absolute NNN ground lease, placing the asset within a defined lease structure for the current occupant.

Located at 4074 Parkway in Pigeon Forge, Tennessee, the property has approximately 16.0 years remaining on its primary lease term. The agreement includes 2.00% annual rent escalations and six five-year renewal options, providing specified future lease provisions.

Key Highlights

  • Krispy Kreme single‑tenant property at 4074 Parkway, Pigeon Forge, TN 37863
  • 3,600‑square‑foot building completed in 2015
  • Absolute NNN ground lease structure

Property Analytics

Current Use

Krispy Kreme Bakery

Suggested Use

Top Pick Building Supply Auto Repair Shop Storage Facility Locksmith Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby

Demographics for 37863, TN

6,988
Population
5,570
Households
1.3
Avg Household Size
40
Median Age
12%
College-Educated
74%
High-School Grad
17.2 sq mi
ZIP Area
406
Density / Sq Mi
$53,587
Median Household Income
$31,235
Median Earnings
$933
Median Rent
$253,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant property leased under an absolute NNN ground lease with contractual rent increases and renewal options.
Where is this nnn property located?
The property is located at 4074 Parkway Pigeon Forge, TN.
What is the asking price?
The asking price for this property is $2,460,000.
What are key features of this property?
This property features: Krispy Kreme single‑tenant property at 4074 Parkway, Pigeon Forge, TN 37863; 3,600‑square‑foot building completed in 2015; Absolute NNN ground lease structure
More about this property
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