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Investment Highlights

  • Fully leased 13,790 SF strip center with absolute NNN leases and zero landlord responsibilities.
  • Located on Dolly Parton Parkway with over 40,000 vehicles per day for maximum visibility.
  • 7.75% cap rate and $194,552 NOI provide stable, passive cash flow for investors.
  • Prime outparcel to Food City, a top-performing grocery anchor, driving consistent foot traffic.
  • Strong tenant synergy with AutoZone and FedEx/Kinko's, plus 100% occupancy and 5 tenants.
  • Nearly 30 years of ground lease term remaining, offering long-term, inflation-resistant income.

Executive Summary

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
13,790 SF
Building Class
B
Year Built
2005
Price
$2,510,348
Price Per SF
$182.04
Cap Rate
7.75%
NOI
$194,552
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Frontage
159’ on Dolly Parton Pky Pky

Amenities

  • Pylon Sign
  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Administrative and Support Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

FedEx Office began as Kinko's, founded in 1970 by Paul Orfalea. The company expanded rapidly through franchising before being acquired by FedEx Corporation in 2004. This merger created a comprehensive shipping and printing service provider. Today, the company operates as a division of FedEx Corporation offering printing, copying, and shipping services. Unlike competitors that use franchise models, all locations are corporate-owned. The brand maintains a significant presence across North America with numerous retail locations providing both individual and business solutions.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Administrative and Support Services - - Lorem Ipsum Jan 0000
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Nearby Major Retailers

SmartBank
Truist
Starbucks
Food City
Rent-A-Center
First Horizon Bank
Ww (weight Watchers)

Property Taxes

Property Taxes

Parcel Number
050N-A-006.00
Land Assessment
$171,000
Improvements Assessment
$34,120
Total Assessment
$205,120
  • Listing ID: 40011131

  • Date on Market: 4/2/2026

  • Last Updated:

  • Address: 737 Dolly Parton Pky, Sevierville, TN 37862

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