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The Shops at Sevierville I 739 Dolly Parton Pky 13,697 SF 100% Leased Retail Building Sevierville, TN 37862 $2,738,833 ($199.96/SF) 8% Cap Rate



Investment Highlights
- 100% Leased | Absolute NNN Structure – Fully leased asset featuring an absolute NNN lease, delivering truly passive ownership
- Prime Outparcel to Food City – Strategically positioned as an outparcel to a top-performing grocery anchor, driving consistent foot traffic
- Top-Tier Retail Synergy – The adjacent Food City ranks in the 100th percentile statewide and nationally
- Secure, Passive Cash Flow – Provides stable, predictable income with a hands-off investment profile and no exposure to operating expense volatility.
- High Traffic Exposure – Located along Dolly Parton Parkway with over 40,000 vehicles per day, offering excellent visibility and accessibility.
- Dominant Retail Corridor in Sevierville – Positioned within a prime commercial corridor serving the surrounding trade area
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
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- China 1
- Retailer
- -
- -
- -
Founded in 1999, Cricket Wireless operates as a prepaid wireless telecommunications provider in the United States. Originally established by Leap Wireless, the brand focused on no-contract mobile services designed for cost-conscious consumers. In 2014, Cricket Wireless became a wholly owned subsidiary of AT&T following AT&T’s acquisition of Leap Wireless. The acquisition integrated Cricket into AT&T’s national network infrastructure while maintaining Cricket as a distinct prepaid brand. Cricket provides voice, text, and data services using AT&T’s wireless network, including access to 4G LTE and 5G coverage where available. The company distributes services through company-operated and authorized retail locations, as well as online channels. Over time, Cricket expanded from its initial regional footprint to a nationwide presence supporting consumer prepaid plans and device offerings.
- Don Fields Photography
- Professional, Scientific, and Technical Services
- -
- -
- -
Great Clips began in 1982 when David Rubenzer and Steve Lemmon established the business around a no-appointment haircut model that made salon visits simpler and more convenient. The company has since grown into a 100 percent franchised hair salon brand with a broad network across the United States and Canada, serving men, women, and children through independently owned salons. Great Clips also supports franchisees with operating systems and customer tools such as online check-in, while its business focus remains centered on haircuts, basic haircare services, and a franchise-led retail model.
Jackson Hewitt began operations in 1982 when John Hewitt purchased a small Virginia-based tax service. The company expanded through franchising in 1986 and grew rapidly by partnering with major retailers. Jackson Hewitt provides tax preparation services, including electronic filing and refund anticipation loans. The company also offers franchise opportunities nationwide. Jackson Hewitt's tax school provides training for aspiring tax professionals through both online and classroom programs. The company serves millions of customers annually through company-owned and franchised locations.
- Johnson & Associates
- Professional, Scientific, and Technical Services
- -
- -
- -
Papa Johns began in 1984 when founder John Schnatter converted a broom closet into a pizza operation. The company quickly expanded through franchising and now maintains a significant international footprint. The business focuses on pizza delivery and carryout services while emphasizing fresh ingredients. Their product lineup includes various pizza styles, sides, desserts, and beverages. Though originally based in Indiana, the brand developed a global presence through both company-owned and franchised locations. The company's commitment to quality ingredients remains central to its operations.
Verizon Communications originated in 1983 as Bell Atlantic after the AT&T breakup. The company merged with GTE in 2000, forming Verizon Communications. Today, it operates consumer services like wireless networks and Fios fiber-optic internet and TV. Its business segment provides networking, cloud solutions, and security services. Verizon remains one of the largest telecommunications providers in the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| China 1 | Retailer | - | - | - | ||
|
Information | - | - | - | ||
| Don Fields Photography | Professional, Scientific, and Technical Services | - | - | - | ||
|
Services | - | - | - | ||
|
Professional, Scientific, and Technical Services | - | - | - | ||
| Johnson & Associates | Professional, Scientific, and Technical Services | - | - | - | ||
|
Accommodation and Food Services | - | - | - | ||
|
Information | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 049M-B-003.00 | Improvements Assessment | $358,120 |
| Land Assessment | $134,800 | Total Assessment | $492,920 |
Property Taxes
Presented by
The Shops at Sevierville I | 739 Dolly Parton Pky
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