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239 Wears Valley Rd
Pigeon Forge, TN 37863
Sherwin-Williams · Retail Property For Sale

PROPERTY FACTS
ABOUT 239 WEARS VALLEY RD , PIGEON FORGE, TN 37863
• Premier Retail Brand: As one of America’s preeminent companies, Sherwin–Williams (NYSE: SHW) holds an investment grade credit rating (S&P: BBB), is ranked 192nd in the 2018 FORTUNE 500 and produced annual 2017 revenue approaching $15 billion. • Long-term NN Lease: Built in 2015, and opening the first week of 2016, Sherwin–Williams’ double net lease (NN) features ± 7.0 years of term remaining with four 5-year extension options, which allows the potential for 27 years of cash flow. Further, the lease provides for attractive 10%escalations at the commencement of each option. • Excellent Access and Visibility: The property is ideally located with excellent access and visibility on Wears Valley Road (Traffic Count: 23,700 VPD) near its intersection with Parkway (U.S. Route 441) (Traffic Count: 49,800 VPD), which is the main north-south thoroughfare in Pigeon Forge driving significant traffic around the site.
PROPERTY TAXES
| Parcel Number | 083I-A-001.00 | Improvements Assessment | $224,000 |
| Land Assessment | $203,720 | Total Assessment | $427,720 |
PROPERTY TAXES
Listing ID: 15123904
Date on Market: 2/8/2019
Last Updated:
Address: 239 Wears Valley Rd, Pigeon Forge, TN 37863
The Retail Property at 239 Wears Valley Rd, Pigeon Forge, TN 37863 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
