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Investment Highlights

  • 100% Leased | Absolute NNN Structure – Fully leased asset featuring an absolute NNN lease, delivering truly passive ownership
  • Prime Outparcel to Food City – Strategically positioned as an outparcel to a top-performing grocery anchor, driving consistent foot traffic
  • Top-Tier Retail Synergy – The adjacent Food City ranks in the 100th percentile statewide and nationally
  • Secure, Passive Cash Flow – Provides stable, predictable income with a hands-off investment profile and no exposure to operating expense volatility.
  • High Traffic Exposure – Located along Dolly Parton Parkway with over 40,000 vehicles per day, offering excellent visibility and accessibility.
  • Dominant Retail Corridor in Sevierville – Positioned within a prime commercial corridor serving the surrounding trade area

Executive Summary

Broker of Record
Hutt Cooke
License # 263667, 356505 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
13,697 SF
Building Class
B
Year Built
2005
Price
$3,555,342 CAD
Price Per SF
$259.57 CAD
Cap Rate
8.50%
NOI
$302,205 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.23 AC
Zoning
C-4 - Commercial
Parking
35 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
147’ on Dolly Parton Pky Pky

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • China 1
  • Retailer
  • -
  • -
  • -
  • Information
  • -
  • -
  • -

Cricket Wireless began in 1999 as a prepaid wireless brand and later became part of AT&T after AT&T acquired Leap Wireless International. The company offers prepaid mobile plans, smartphones, and related wireless services, with support for online account management, billing, activation, and device help. Cricket Wireless serves customers through store locations and online sales, and its offerings include no-contract plans, 5G access, hotspot data on select plans, and device protection options. The company remains focused on straightforward wireless service for U.S. customers across a broad national footprint.

  • Don Fields Photography
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Services
  • -
  • -
  • -

Great Clips began in 1982 when David Rubenzer and Steve Lemmon established the business around a no-appointment haircut model that made salon visits simpler and more convenient. The company has since grown into a 100 percent franchised hair salon brand with a broad network across the United States and Canada, serving men, women, and children through independently owned salons. Great Clips also supports franchisees with operating systems and customer tools such as online check-in, while its business focus remains centered on haircuts, basic haircare services, and a franchise-led retail model.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

Jackson Hewitt began operations in 1982 when John Hewitt purchased a small Virginia-based tax service. The company expanded through franchising in 1986 and grew rapidly by partnering with major retailers. Jackson Hewitt provides tax preparation services, including electronic filing and refund anticipation loans. The company also offers franchise opportunities nationwide. Jackson Hewitt's tax school provides training for aspiring tax professionals through both online and classroom programs. The company serves millions of customers annually through company-owned and franchised locations.

  • Johnson & Associates
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Accommodation and Food Services
  • -
  • -
  • -

Papa John's International began in 1984 in Jeffersonville, Indiana, when John Schnatter opened the first restaurant with a focus on pizza made for delivery and carryout. The company has grown into a broad pizza restaurant business with a large network of company-owned and franchised restaurants in the United States and abroad. Papa John's sells pizza, breadsticks, wings, desserts, and drinks, and the company supports restaurant supply through commissary operations and quality control centers. The business also includes franchising and international operations, giving the company a wider presence across restaurant service and food distribution channels.

  • Information
  • -
  • -
  • -

Verizon Communications was formed through the merger of Bell Atlantic and GTE and began operating as a combined company in 2000. Verizon operates as a communications technology company with consumer and business groups, alongside public sector and network-focused offerings. The company provides wireless service, broadband connectivity, fiber-based services, and solutions for enterprise and government customers. The company maintains ongoing investment in network expansion and product development across mobility, broadband, and business services.

Tenant Industry SF Occupied Rent/SF Lease End
China 1 Retailer - - -
Information - - -
Don Fields Photography Professional, Scientific, and Technical Services - - -
Services - - -
Professional, Scientific, and Technical Services - - -
Johnson & Associates Professional, Scientific, and Technical Services - - -
Accommodation and Food Services - - -
Information - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Nearby Major Retailers

SmartBank
Chicken Salad Chick
Truist
Food City
Starbucks
Rent-A-Center
First Horizon Bank
Dutch Bros
Krystal
Waffle House

Property Taxes

Property Taxes

Parcel Number
049M-B-003.00
Land Assessment
$185,924 CAD
Improvements Assessment
$493,941 CAD
Total Assessment
$679,865 CAD
  • Listing ID: 40286097

  • Date on Market: 2026-04-24

  • Last Updated:

  • Address: 739 Dolly Parton Pky, Sevierville, TN 37862

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