The Track Pigeon Forge
Vacant Land
for Lease
| Catylist Listing ID: |
30859967 |
| Property Subtypes: |
Hospitality, Retail, Vacation/Resort, Other
|
| Gross Land Area: |
6.36 Acres
|
| Lease Rate: |
$1,200,000 (Annual)
$4.33 PSF (Annual)
|
| Base Monthly Rent: |
$100,000 |
| Lease Types: |
Absolute NNN |
| Last Updated: |
12/2/2023 |
Overview / Comments
This is a rare opportunity to acquire (sub-lease) 6.36 acres at the premier location in the tourist destination city of Pigeon Forge, Tennessee. Located at the northeast corner of Parkway and East Wears Valley Road, the property features level topography, 1,024 feet of highway frontage, great access and visibility, and 930 feet of river frontage. The land is improved with The Track - Pigeon Forge, a popular amusement venue, where the lessee business owner has a long-term ground lease which expires 1/1/2027.
The gateway to The Great Smoky Mountains. National Park, the area attracts over 12 million visitors a year. Pigeon Forge is one of the most popular family destinations in the country and is within a one day drive for two-thirds of the population of the United States. Pigeon Forge is home to Dollywood, multiple theaters, amusements, shopping (including Tanger Outlets) and restaurants. The area has over 40,000 hotel rooms and overnite rentals.
|
Additional Details
| Nearest MSA: |
Sevierville |
| County: |
Sevier |
| Tax ID/APN: |
078083 08700 |
| Zoning: |
C-2 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,616 |
11,107 |
22,559 |
| Median Age: |
45.8 |
37.61 |
39.4 |
| Households: |
642 |
4,164 |
8,914 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither East Tennessee Realtors nor
Moody's assume any liability for errors or omissions.
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