Situated on the southern end of The Parkway in Pigeon Forge and adjacent to the turn into Dollywood, this ground lease opportunity offers .57 Acres. The pad offers approximately 98 feet of Parkway frontage on the "to the park" side of the road and exposure to exceptional Parkway traffic counts and tourist exposure.
Amenities abound, with Dollywood, Great Smoky Mountains National Park, Gatlinburg and the full assortment of Sevier County recreation and excitement just minutes away. The ground lease is offered as follows: .57 acres/former Long John's pad $120,000.00 annually. All leases are based on a NNN basis and increases based on CPI.
Primely situated at the southern end of the Parkway in Pigeon Forge positioned right at the turn to Dollywood.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.