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    1359 Parkway Gatlinburg, TN 37738

    Sponsored
    For Lease
    $22 SF/Yr

    High-traffic Gatlinburg retail space. Excellent location.

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,000-square-foot retail space is ideally situated at the intersection of Glades Road and the Parkway in Gatlinburg, Tennessee. Located in a thriving commercial complex alongside established businesses such as Three Jimmy's Restaurant, Family Dollar, and a laundromat, this property benefits from significant foot traffic generated by both tourists and locals. The single-tenant space features convenient amenities including separate men's and women's restrooms, an office, and an electrical room equipped for various business needs. Ample parking is available, further enhanced by proximity to a McDonald's, providing additional traffic flow. The asking rent is $22 per square foot for the entire space. However, a higher rate may be considered for a subdivided space tailored to a specific business model. The property's address is 1359 East Parkway, Gatlinburg, TN 37738, in Sevier County. This prime location presents a remarkable opportunity for a variety of retail ventures seeking high visibility and consistent customer traffic in a bustling tourist destination.

    Property Features for 1359 Parkway

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Unit(s) available at that property

    Space
    Size
    5,000 SF
    Rate per SF
    $26

    HighLights

    • 5,000 SF retail space at 1359 East Parkway, Gatlinburg, TN 37738.
    • High‑traffic location at the intersection of Glades Road and Parkway, benefiting from over 11,000 daily vehicles on Parkway.
    • Strong co‑tenancy with established businesses like Three Jimmy's Restaurant and Family Dollar.
    • Below‑market rent of $22/SF (negotiable for subdivided space).
    Property Profile Location Intelligence

    Current Use by Public Records

    Three Jimmy's Good ... Restaurant Subway Caterer Family Dollar Dollar Store FedEx Drop Box Mailing Service LibertyX Bitcoin ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Auto Parts Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gatlinburg
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.470890651319
    Latitude
    35.726784221265

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Restaurant - High-traffic Gatlinburg retail space. Excellent location.
    Where is this restaurant located?
    The property is located at 1359 Parkway Gatlinburg, TN.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 5,000 SF retail space at 1359 East Parkway, Gatlinburg, TN 37738.; High-traffic location at the intersection of Glades Road and Parkway, benefiting from over 11,000 daily vehicles on Parkway.; Strong co-tenancy with established businesses like Three Jimmy's Restaurant and Family Dollar.
    Request Owner's contact information
    1359 Parkway Gatlinburg, TN 37738
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1359 Parkway Gatlinburg, TN 37738
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