710 Dolly Parton Parkway

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710 Dolly Parton Parkway

Sevierville, TN 37862
Asking Price
$1.74M
Cap Rate
5%
Asset Type
Bank Retail
Class
Class B

What's Special

Signalized Corner 42,000+ VPD | Mins to Dollywood (3M+ Visits) | Knoxville MSA <p><strong>ABS NNN LEASE | REGIONAL BANK BRANCH WITH 42+ LOCATIONS</strong></p><ul><li>​15-year initial lease term with 7 years of term remaining</li><li>​Absolute NNN lease structure | Zero landlord responsibilities</li><li>​SmartFinancial, Inc. (NYSE: SMBK) is headquartered in Knoxville, TN and is the official bank of Dollywood | Total assets for SMBK exceed $5.5B</li><li>​The base rent will increase in 2028 and per each option (four, 5-year options)</li><li>​SmartBank currently has 42 bank br

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NOI
$80,000
Cap Rate
4.60%
DSCR
0.77
Underwater
Cash-on-Cash
-4.46%
Monthly Payment
$8,608.571
Annual Cash Flow
$-23,302.847

Location & Travel Times