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Retail Space in Prime Location
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135 E Wears Valley Rd, Pigeon Forge, TN 37863

Retail spaces available near Dollywood and other attractions.

Space Size3,480 SF - 5,000 SF
Property Size98,342 SF
Days on Market1637

Property Features for 135 E Wears Valley Rd

General Information

Standard status Active
Size 3,480 SF - 5,000 SF
Property subtype Retail
Lease Type Modified Gross

Building Details

Building Size 98,342 SF
Tenancy Multiple

Spaces For Lease

at 135 E Wears Valley Rd Contact us

Available Space

Size
5,000 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us

163 E Wears Valley Rd

Size
3,480 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: NAI Koella | RM Moore
Listed By: Justin Sterling · License #TN 305457
Source: Crexi
Added: Mar 7, 2022 Changed: Aug 13 Last Checked: Aug 29 at 8:19PM

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 NAI Koella | RM Moore

Investment Insights

Based on property information with market context.

Located at the base of Smoky Mountain National Park, The Shops at Pigeon Forge offer a central destination for retailers. The property benefits from its proximity to attractions such as Dollywood theme park, Dixie Stampede, Mountain Mile, and the Cal Ripken Experience. Teaster Lane is undergoing significant development, drawing larger numbers with new attractions like The Island. Pigeon Forge's 2025-2026 lineup features major new attractions, enhancing the area's family entertainment, retail, and dining experiences, fueling growth and increased traffic. The Riverwalk Greenway, a public access walking trail, will provide foot traffic to the property. Currently full, the property has two upcoming availabilities that could be combined to 11,000 square feet, with 5,000 square feet on the lower level and 6,000 square feet directly above it. The location benefits from a tremendous density of retail, restaurants, outlet malls, hospitality, live show theaters, and other tourist attractions. Being just 4.2 miles from Dollywood theme park adds value to businesses aiming to reach consumers.

Key Highlights

  • High‑traffic location near Dollywood (4.2 miles) and Smoky Mountain National Park.
  • Located within The Shops at Pigeon Forge, a centrally located destination.
  • Significant upcoming development in Pigeon Forge.

Property Analytics

Current Use

Tennessee Bible Museum Museum

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Law Firm Garden Center Parking Lot & Garage Locksmith

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

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

850
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

Lease Benchmarks for Pigeon Forge, TN

$26.4 /SF/Yr
Avg Asking Price
$14–$39 /SF/Yr
Price Range
18,574 SF
Avg Space Size

This space is priced 24% below the average of $26.4 /SF/Yr.

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?
Retail space - Retail spaces available near Dollywood and other attractions.
Where is this retail space located?
The property is located at 135 E Wears Valley Rd Pigeon Forge, TN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High‑traffic location near Dollywood (4.2 miles) and Smoky Mountain National Park.; Located within The Shops at Pigeon Forge, a centrally located destination.; Significant upcoming development in Pigeon Forge.
(865) 236-1610 Call to check price and availability
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