Luigi's Pizzeria

Tennessee > Gatlinburg

Luigi's Pizzeria - 1017 E Parkway, Gatlinburg, TN 37738

Luigi's Pizzeria: 1017 E Parkway, Gatlinburg, TN 37738

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For Sale

Retail

For Sale

This property is available for sale

2,131

SF

$499,000

Sale Price

Year Built
1965

Overview
ESTABLISHED MONEY MAKER in the heart of Gatlinburg. Lease of exiting restaurant facility with accompanying purchase of Pizzeria. $7000 /month triple net lease for five years with a five year option to extend. Turn-key Business comes complete with equipment, furnishings, furniture, signage, inventory and much much more. Proven and successful with over $800,000 in sales in 2017. DYNAMIC CAP RATE of 48.7% - WOW!! One of the Best Investments in the Smoky's. Current owner will even provide 2 weeks free assistance in the operation and continued management of the restaurant and bar.

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For Lease

Retail

Retail Space

Available now!

2,131

Square feet

Time on Market
over 5 years
Space ID
1688568

Presented By

CENTURY 21 MVP
Christopher Wood

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Property Details

ESTABLISHED MONEY MAKER in the heart of Gatlinburg. Lease of exiting restaurant facility with accompanying purchase of Pizzeria. $7000 /month triple net lease for five years with a five year option to extend. Turn-key Business comes complete with equipment, furnishings, furniture, signage, inventory and much much more. Proven and successful with over $800,000 in sales in 2017. DYNAMIC CAP RATE of 48.7% - WOW!! One of the Best Investments in the Smoky's. Current owner will even provide 2 weeks free assistance in the operation and continued management of the restaurant and bar.