THEATER IN PIGEON FORGE, TN FOR SALE

Special Purpose for Sale
Catylist Listing ID: 28293438
Building Size (RSF): 20,588 SF
Gross Building Area: See Agent
Gross Land Area: 7.40 Acres
Sale Price: $4,200,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/4/2018

Overview / Comments

Theater is currently leased but available for sale. Existing tenant is making further renovations to the property.(See attached marketing flyer).1000+ seat theater on 7.4 acres in heart of Pigeon Forge, TN. Property is 100 yards off the Parkway with entrance on Teaster Ln. LeConte Center, Pigeon Forge's new 232,000 sf convention center and The Island are 1/4 mile away on Teaster. New roof, stables and several other upgrades to the property in last two years.

The gateway to The Great Smoky Mtns. 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: 08310808
Zoning: C-4

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,540 24,627
Median Age: 38.67 39.59
Households: 5,241 9,781

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