Convenience Store on Highway
For Sale
Contact for pricing
7523 East Lamar Alexander Parkway, Townsend, TN 37882
Established convenience store on Highway 321 with prime highway frontage and ample parking for steady day-to-day access.
Property Size1,304 SF
Price / SF$1,226
Days on Market56
Property Features for 7523 East Lamar Alexander Parkway
General Information
Standard status
Active
Size
1,304 SF
Class
A
Total Parking Spaces
15
Property subtype
Retail
Zoning
Retail Commercial Trade
Occupancy
100%
Investment Type
Owner/User
Net Operating Income
$960,000
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1960
Year Renovated
2023
Listing Agency:
Realty Executives Maryville
Listed By:
Mike Howell · License #TN 302726
Source:
Crexi
Added: Jun 18
Changed: Aug 8
Last Checked: Aug 11 at 5:52PM
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 Realty Executives Maryville
Investment Insights
Based on property information with market context.
This established Rite Stop convenience store is positioned to serve travelers and nearby residents from a dedicated retail operating location. The property includes ample parking and is designed for convenient customer arrival, with easy ingress and egress at the site.
The store is located directly on E. Lamar Alexander Parkway (Highway 321) in Townsend, Tennessee, along a major East Tennessee tourism corridor connected to the Great Smoky Mountains National Park. Public remarks note strong year-round traffic generated by locals, tourists, and outdoor enthusiasts, with the corridor serving millions of annual Smoky Mountain visitors.
For an owner-user, the site offers a straightforward retail format in an easily accessed, high-visibility roadside setting. For investors, the property is presented as a convenience store operation with highway frontage on Highway 321 and supportive nearby demand drivers referenced in the listing, including hotels, restaurants, campgrounds, river attractions, and recreational destinations. The listing also highlights scope for additional merchandising aligned with tourism-focused shopping needs.
The store is located directly on E. Lamar Alexander Parkway (Highway 321) in Townsend, Tennessee, along a major East Tennessee tourism corridor connected to the Great Smoky Mountains National Park. Public remarks note strong year-round traffic generated by locals, tourists, and outdoor enthusiasts, with the corridor serving millions of annual Smoky Mountain visitors.
For an owner-user, the site offers a straightforward retail format in an easily accessed, high-visibility roadside setting. For investors, the property is presented as a convenience store operation with highway frontage on Highway 321 and supportive nearby demand drivers referenced in the listing, including hotels, restaurants, campgrounds, river attractions, and recreational destinations. The listing also highlights scope for additional merchandising aligned with tourism-focused shopping needs.
Key Highlights
- Established Rite Stop convenience store on E. Lamar Alexander Parkway (Highway 321) in Townsend, TN
- Prime Highway 321 frontage with easy ingress/egress and ample on‑site parking
- Convenience store positioned on a high‑traffic tourism corridor serving Great Smoky Mountains National Park visitors
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37882, TN
3,061
Population
2,455
Households
1.2
Avg Household Size
58
Median Age
33%
College-Educated
93%
High-School Grad
183.8 sq mi
ZIP Area
17
Density / Sq Mi
$61,875
Median Household Income
$35,473
Median Earnings
$1,032
Median Rent
$292,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Established convenience store on Highway 321 with prime highway frontage and ample parking for steady day-to-day access.
Where is this grocery and convenience store located?
The property is located at 7523 East Lamar Alexander Parkway Townsend, TN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Established Rite Stop convenience store on E. Lamar Alexander Parkway (Highway 321) in Townsend, TN; Prime Highway 321 frontage with easy ingress/egress and ample on‑site parking; Convenience store positioned on a high‑traffic tourism corridor serving Great Smoky Mountains National Park visitors
