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The Shops at Pigeon Forge 161 E Wears Valley Rd 5,000 SF of Retail Space Available in Pigeon Forge, TN 37863
HIGHLIGHTS
- Heavy Seasonal Traffic
- Central to all things Pigeon Forge
- National & Local Brands
- Stabilized Retail & Entertainment Destination
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000 SF | 5 Years | $20.00 /SF/YR $1.67 /SF/MO $100,000 /YR $8,333 /MO | Modified Gross |
147-185 E Wears Valley Rd - 1st Floor
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 5,000 SF | Frontage | East Wears Valley Road |
| Center Type | Outlet Center | Gross Leasable Area | 98,342 SF |
| Parking | 450 Spaces | Total Land Area | 8.70 AC |
| Stores | 26 | Year Built | 1990 |
| Center Properties | 1 | Cross Streets | Rte 441 & E Wears Valley Rd |
| Total Space Available | 5,000 SF |
| Center Type | Outlet Center |
| Parking | 450 Spaces |
| Stores | 26 |
| Center Properties | 1 |
| Frontage | East Wears Valley Road |
| Gross Leasable Area | 98,342 SF |
| Total Land Area | 8.70 AC |
| Year Built | 1990 |
| Cross Streets | Rte 441 & E Wears Valley Rd |
ABOUT THE PROPERTY
At the base of Smoky Mountain National Park which hosts over 14 million visitors annually, The Shops at Pigeon Forge provide a centrally located destination for name brand and boutique retailers that foster a critical mass of shopping. Market drivers include local attractions like Dollywood Theme Park, Dixie Stampede etc, Mountain Mile, and the Cal Ripken Experience etc. Teaster lane is going thru signifiant development and drawing in larger numbers with new attractions like The Island.
- Air Conditioning
- Food Court
- Freeway Visibility
- Restaurant
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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The Shops at Pigeon Forge | 161 E Wears Valley Rd
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