639 Parkway Sevierville, TN 37862
River Place Shopping Center, located at 639 Parkway in Sevierville, Tennessee, presents a unique opportunity for businesses seeking high-visibility retail space. This 154,735 square foot center, built in 1983, boasts five suites with 15,525 square feet currently vacant. Spaces range from a minimum of 1,200 square feet to a maximum contiguous space of 6,708 square feet, offering flexibility for various business needs. Situated on a major thoroughfare in Sevier County, the center benefits from over 40,000 cars passing daily, providing exceptional exposure to a large customer base. The location's proximity to Dollywood, the Great Smoky Mountains National Park, and other popular attractions ensures a constant flow of tourist traffic, complementing the strong local clientele. River Place Shopping Center is professionally managed and enjoys a strong sales performance, anchored by national brands such as Belk, TJ Maxx, Dollar Tree, Maurices, Pet Sense, and Game Stop. This prime location offers a blend of tourist and local traffic, making it an ideal choice for businesses seeking a thriving retail environment in a high-traffic area. The center's established reputation and strong tenant mix provide a supportive environment for new businesses to flourish. This is a rare opportunity to secure a space in a well-established, high-performing retail center in a prime Sevierville location. The zip code is 37862.
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
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No recorded transactions found for this property.
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Risks
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