3676 Parkway Pigeon Forge, TN 37863
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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