1442 Winfield Dunn Pkwy Sevierville, TN 37876-1500

Property Details for 1442 Winfield Dunn Pkwy

Year built

1994

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.20 lot acres

Property size

48,660 SF

Zone code

C-4

Property type

Retail properties

APN

078027 01000

APU

7802701000

Description

This exceptional 48,660 square foot, three-story antique mall presents a compelling investment opportunity in Sevierville, Tennessee. Boasting 100% occupancy with over 200 vendors, this stabilized retail property sits on a 3.2-acre lot along Winfield Dunn Parkway (Highway 66), benefiting from high visibility and significant daily traffic counts (55,826 average). The property, built in 1994, is classified as a Class B storefront with a modified lease structure and a remaining lease term of one year. The asking price is $6,900,000, representing a price per square foot of $141.80 and a 6.00% cap rate. The property's AC Arterial Commercial (C-4) zoning allows for a variety of uses. Located in Sevier County, a thriving tourism hub with over $3 billion in annual revenue and 14 million annual visitors, this property benefits from its proximity to the Sevierville Convention Center, Wilderness at the Smokies, and the Great Smoky Mountains National Park, the nation's most visited national park. The property's location on the inbound side of Highway 66 ensures high visibility and accessibility for tourists entering the area. This is a rare opportunity to acquire a well-established, high-performing retail property in a prime location within a booming tourist destination. The property's legal description is APN 078027 01000, and it is owned by an LLC.

Location Insight

City

Sevierville

County

Sevier

State

Tennessee

Longitude

-83.5824

Latitude

35.9085

CBSA code

42940

CBSA name

SEVIERVILLE, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments