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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3676 Parkway Pigeon Forge, TN 37863

Property ID
Property summary
AI-generated overview

This exceptional 5,000-square-foot restaurant space is ideally situated on Pigeon Forge Parkway in Sevier County, Tennessee, offering unparalleled visibility and accessibility. The property features a convenient drive-thru and an inviting patio area, perfect for maximizing customer convenience and outdoor dining opportunities. Located at 3676 Parkway, zip code 37863, this single-tenant retail space benefits from high traffic counts, averaging 49,858 vehicles daily during the off-season and a remarkable 77,570 vehicles during peak season. The property boasts excellent signage opportunities, ensuring maximum brand exposure within this bustling tourist destination. Pigeon Forge attracts over 11 million visitors annually, providing a substantial and consistent customer base. The surrounding area is home to established businesses such as Dolly Parton's Stampede, McAlister's Deli, Texas Roadhouse, Golden Corral, and Wendy's, indicating a thriving commercial environment. Strong demographics further support the property's potential, with a 3-mile radius boasting a population of 8,302 and an average household income of $75,059. This expands to 19,085 residents and $77,722 average household income within a 5-mile radius, and 42,023 residents and $74,404 average household income within a 7-mile radius. The lease terms include a net rent of $45 per square foot, plus $5.18 per square foot for common area maintenance (CAM). This is a rare opportunity to establish a thriving business in one of Tennessee's most popular tourist destinations.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • NAO Japanese Grill Restaurant
  • Marble Slab Creamery Grocery & Convenience Store Specialty Food Shop
  • Boss Hogg's BBQ Restaurant
  • Smoky Cigar Smoke Shop (Bike/Boat/Book/etc) Store
  • Great American Cookies (Bike/Boat/Book/etc) Store Bakery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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