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7523 East Lamar Alexander Parkway, Townsend, TN 37882

MH
TN TN 302726, TN
Realty Executives Maryville
Listed by Realty Executives Maryville
$1,600,000
13 days on market
Updated 13 days ago

7523 East Lamar Alexander Parkway

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 1,304
Cap Rate 60%
NOI $960,000
Occupancy 100%
Class A
Year Built 1960
Year Renovated 2023
Acreage 0.260
Zoning Retail Commercial Trade
Parking Spaces 15 spaces
Parking Per SqFt 11.50
Investment Type Owner/User
Ground Lease No
Sale Condition N/A

Convenience Retail Store with Gas Pumps

Marketing description

Rite Stop Convenience Store

7523 E. Lamar Alexander Parkway • Townsend, TN 37882

Prime Retail & Investment Opportunity in the Heart of the Great Smoky Mountains

Positioned along one of East Tennessee's most traveled tourism corridors, the Rite Stop Convenience Store offers investors and owner-operators a rare opportunity to acquire a highly visible retail location in Townsend, Tennessee — known as the "Peaceful Side of the Smokies."

Located directly on E. Lamar Alexander Parkway (Highway 321), this established convenience store benefits from exceptional year-round traffic generated by local residents, tourists, outdoor enthusiasts, and visitors traveling to and from the Great Smoky Mountains National Park.

Property Highlights

Prime Highway 321 frontage with outstanding visibility

High-traffic tourist corridor serving millions of annual Smoky Mountain visitors

Established convenience store operation

Ample parking and easy ingress/egress

Strategic location near hotels, restaurants, campgrounds, river attractions, and recreational destinations

Strong potential for increased revenue through expanded product offerings and tourism-focused services

Excellent owner-user or investment opportunity

Investment highlights

Rite Stop Convenience Store

7523 E. Lamar Alexander Parkway • Townsend, TN 37882

Prime Retail & Investment Opportunity in the Heart of the Great Smoky Mountains

Positioned along one of East Tennessee's most traveled tourism corridors, the Rite Stop Convenience Store offers investors and owner-operators a rare opportunity to acquire a highly visible retail location in Townsend, Tennessee — known as the "Peaceful Side of the Smokies."

Located directly on E. Lamar Alexander Parkway (Highway 321), this established convenience store benefits from exceptional year-round traffic generated by local residents, tourists, outdoor enthusiasts, and visitors traveling to and from the Great Smoky Mountains National Park.

Property Highlights

Prime Highway 321 frontage with outstanding visibility

High-traffic tourist corridor serving millions of annual Smoky Mountain visitors

Established convenience store operation

Ample parking and easy ingress/egress

Strategic location near hotels, restaurants, campgrounds, river attractions, and recreational destinations

Strong potential for increased revenue through expanded product offerings and tourism-focused services

Excellent owner-user or investment opportunity

Listing Contacts

MH
TN TN 302726, TN
Realty Executives Maryville
Listed by Realty Executives Maryville

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$960,000.00
$80,000.00/mo

Valuation Metrics

0
DSCR
60%
Cap Rate
60%
ROI

Map

Zoning

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B-1 CommercialGeneral CommercialGeneral Business
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Last updated Jan 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Mike Howell
License
TN 302726
Brokerage
Realty Executives
Title
Realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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