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Dick Clark's American Bandstand Facility Former … · 2017-10-30 · FOR SALE│Dick Clark's...

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THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE. FOR SALEDick Clark's American Bandstand Facility Former Entertainment Venue 149 Cates Lane, Pigeon Forge, TN 37863 For More Information Contact: Debbie Petrolina | Broker | 865-522-5500 8907 Linksvue Drive | Knoxville, TN 37922 | [email protected] | www.ims-inc.info Investors Management Service, Inc. Deborah Petrolina | Broker 865-522-5500 | 865-250-5608(C) [email protected] [email protected]|www.ims-inc.info Stephanie Johnson |AffiliateBroker 865-522-5500 [email protected] CONTACT INFORMATION
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THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

FOR SALE│Dick Clark's American Bandstand Facility

Former Entertainment Venue149 Cates Lane, Pigeon Forge, TN 37863

For More Information Contact: Debbie Petrolina | Broker | 865-522-5500 8907 Linksvue Drive | Knoxville, TN 37922 | [email protected] | www.ims-inc.info

InvestorsManagementService, Inc.

Deborah Petrolina | Broker 865-522-5500 | 865-250-5608(C) [email protected]@ims-inc.info|www.ims-inc.info

Stephanie Johnson |AffiliateBroker 865-522-5500 [email protected]

CONTACT INFORMATION

Property Overview

35 acres

112,620/SF event facility

Five story building

670 parking spaces

Zoned C-2, Tourist, Commericial District

Built 2004, Renovated 2007

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

FOR SALE│Dick Clark's American Bandstand Facility

Former Entertainment Venue149 Cates Lane, Pigeon Forge, TN 37863

For More Information Contact: Debbie Petrolina | Broker | 865-522-5500 8907 Linksvue Drive | Knoxville, TN 37922 | [email protected] | www.ims-inc.info

Former entertainment venue in Pigeon Forge, Tennessee. The property is located at the Gateway to the Great Smoky Mountains National Park, with over 10,000,000 visitors per year.

InvestorsManagementService, Inc.

CONTACT INFORMATION

Deborah Petrolina | Broker 865-522-5500 | 865-250-5608(C) [email protected]@ims-inc.info|www.ims-inc.infoStephanie Johnson | Affiliate Broker 865-522-5500 [email protected]

For Sale

$7,950,000

8907 Linksvue Drive | Knoxville, TN 37922 | 865-522-5500 [email protected] | www.ims-inc.info

Former Entertainment Venue149 Cates Lane, Pigeon Forge, TN 37863

112,620/SF Event Facility

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

SPACE INFORMATION

InvestorsManagementService, Inc.

4th Floor: 13,639 SFBusiness office area, training area and breakroom

FOR SALE│Dick Clark's American Bandstand Facility

Lower Level: 33,501 SFDaylight basement with large commercial kitchen, vendor booth, dining and meeting area

1st Floor: 21,378 SFTicketing and Reception area, open floor plan with atrium

2nd & 3rd Floors: 22,051 SFOpen floor plan

FOR SALE│Dick Clark's American Bandstand Facility

Former Entertainment Venue149 Cates Lane, Pigeon Forge, TN 37863

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

For More Information Contact: Debbie Petrolina | Broker | 865-522-5500 8907 Linksvue Drive | Knoxville, TN 37922 | [email protected] | www.ims-inc.info

LOCATION ADVANTAGES

Located less than 2 miles from Dollywood Theme Parks in Pigeon Forge, Tennessee

10,000,000 visitors per year

InvestorsManagementService, Inc.

Great Smoky Moutains National Park is the nations most visited national park with more than twice the visitation of the second most visited park, Grand Canyon National Park.

Visitor's average travel distance to Pigeon Forge is 330-368 miles.

Property located at the Gateway to the Great Smoky Mountains National Park.

FOR SALE│Dick Clark's American Bandstand Facility

Former Entertainment Venue149 Cates Lane, Pigeon Forge, TN 37863

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

For More Information Contact: Debbie Petrolina | Broker | 865-522-5500 8907 Linksvue Drive | Knoxville, TN 37922 | [email protected] | www.ims-inc.info

TRAVEL DISTANCE FROM PROPERTY

1-40Hwy 321Hwy 441Sevier Gatlinburg AirportMcGhee Tyson Airport

Pigeon Forge MSA 1,3,5 mile radius

16.0 miles 0.1 miles8.0 miles

10.0 miles

LOCATION ADVANTAGESProperty located at the Gateway to the Great Smoky Mountains National Park

Located less than 2 miles from Dollywoodand many more successful entertainment venues

InvestorsManagementService, Inc.

36.3 miles

For More Information Contact: Debbie Petrolina | 865-522-5500 8907 Linksvue Drive | Knoxville, TN 37922 | [email protected] | www.ims-inc.info

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

InvestorsManagementService, Inc.

Surrounding Attractions Pigeon Forge, TN

FOR SALE│Dick Clark's American Bandstand Facility

i

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

FOR SALE│Dick Clark's American Bandstand Facility

Site Survey149 Cates Lane, Pigeon Forge, TN 37863

For More Information Contact: Debbie Petrolina | Broker | 865-522-5500 8907 Linksvue Drive | Knoxville, TN 37922 | [email protected] | www.ims-inc.info

InvestorsManagementService, Inc.

For More Information Contact: Debbie Petrolina | 865-522-5500 8907 Linksvue Drive | Knoxville, TN 37922 | [email protected] | www.ims-inc.info

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

InvestorsManagementService, Inc.

Floor Plan│Lower Level149 Cates Lane, Pigeon Forge, TN 37863

FOR SALE│Dick Clark's American Bandstand Facility

For More Information Contact: Debbie Petrolina | 865-522-5500 8907 Linksvue Drive | Knoxville, TN 37922 | [email protected] | www.ims-inc.info

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

InvestorsManagementService, Inc.

Floor Plan│First Floor149 Cates Lane, Pigeon Forge, TN 37863

FOR SALE│Dick Clark's American Bandstand Facility

For More Information Contact: Debbie Petrolina | 865-522-5500 8907 Linksvue Drive | Knoxville, TN 37922 | [email protected] | www.ims-inc.info

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

InvestorsManagementService, Inc.

Floor Plan│Second Floor149 Cates Lane, Pigeon Forge, TN 37863

FOR SALE│Dick Clark's American Bandstand Facility

i

For More Information Contact: Debbie Petrolina | 865-522-5500 8907 Linksvue Drive | Knoxville, TN 37922 | [email protected] | www.ims-inc.info

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

InvestorsManagementService, Inc.

Floor Plan│Fourth Floor149 Cates Lane, Pigeon Forge, TN 37863

FOR SALE│Dick Clark's American Bandstand Facility

i

Traffic Count Map149 Cates Ln

Pigeon Forge, Tennessee, 37863

Rings: 1, 3, 5 mile radii

Prepared by Esri Latitude: 35.77481

Longitude: -83.53907

Source: ©2015 Market Planning Solutions, Inc.

February 17, 2016

©2015 Esri Page 1 of 1

Former Entertainment Venue 149 Cates Lane•Traffic Count

Executive Summary

149 Cates Ln

Pigeon Forge, Tennessee, 37863

Rings: 1, 3, 5 mile radii

Prepared by Esri Latitude: 35.77481

Longitude: -83.53907

1 mile 3 miles 5 milesPopulation

2000 Population 806 5,859 14,6402010 Population 842 6,319 17,1112015 Population 883 6,754 18,4712020 Population 940 7,314 20,1112000-2010 Annual Rate 0.44% 0.76% 1.57%2010-2015 Annual Rate 0.91% 1.28% 1.47%2015-2020 Annual Rate 1.26% 1.61% 1.72%2015 Male Population 49.7% 50.9% 50.4%2015 Female Population 50.3% 49.1% 49.6%2015 Median Age 45.6 41.4 42.3

In the identified area, the current year population is 18,471. In 2010, the Census count in the area was 17,111. The rate of change since 2010 was 1.47% annually. The five-year projection for the population in the area is 20,111 representing a change of 1.72% annually from 2015 to 2020. Currently, the population is 50.4% male and 49.6% female.

Median Age

The median age in this area is 45.6, compared to U.S. median age of 37.9.Race and Ethnicity

2015 White Alone 89.8% 83.9% 86.2%2015 Black Alone 0.9% 1.5% 1.2%2015 American Indian/Alaska Native Alone 0.9% 0.7% 0.5%2015 Asian Alone 1.2% 2.0% 2.2%2015 Pacific Islander Alone 0.0% 0.0% 0.0%2015 Other Race 5.4% 9.8% 8.0%2015 Two or More Races 1.7% 2.0% 1.8%2015 Hispanic Origin (Any Race) 8.7% 13.9% 12.4%

Persons of Hispanic origin represent 12.4% of the population in the identified area compared to 17.6% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 41.7 in the identified area, compared to 63.0 for the U.S. as a whole.

Households2000 Households 341 2,283 5,9052010 Households 356 2,435 6,7322015 Total Households 373 2,591 7,2302020 Total Households 397 2,801 7,8632000-2010 Annual Rate 0.43% 0.65% 1.32%2010-2015 Annual Rate 0.89% 1.19% 1.37%2015-2020 Annual Rate 1.25% 1.57% 1.69%2015 Average Household Size 2.30 2.58 2.52

The household count in this area has changed from 6,732 in 2010 to 7,230 in the current year, a change of 1.37% annually. The five-year projection of households is 7,863, a change of 1.69% annually from the current year total. Average household size is currently 2.52, compared to 2.50 in the year 2010. The number of families in the current year is 4,788 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography.

February 17, 2016

©2015 Esri Page 1 of 2

Former Entertainment Venue149 Cates Lane• Demographics

Executive Summary149 Cates LnPigeon Forge, Tennessee, 37863

Rings: 1, 3, 5 mile radii

Prepared by Esri Latitude: 35.77481

Longitude: -83.53907

1 mile 3 miles 5 milesMedian Household Income

2015 Median Household Income $36,704 $36,495 $39,8862020 Median Household Income $41,668 $42,366 $47,4852015-2020 Annual Rate 2.57% 3.03% 3.55%

Average Household Income

2015 Average Household Income $48,499 $52,072 $56,5162020 Average Household Income $55,176 $59,826 $64,7292015-2020 Annual Rate 2.61% 2.82% 2.75%

Per Capita Income2015 Per Capita Income $19,624 $20,196 $22,3992020 Per Capita Income $22,288 $23,153 $25,6072015-2020 Annual Rate 2.58% 2.77% 2.71%

Households by IncomeCurrent median household income is $39,886 in the area, compared to $53,217 for all U.S. households. Median household income is projected to be $47,485 in five years, compared to $60,683 for all U.S. households

Current average household income is $56,516 in this area, compared to $74,699 for all U.S. households. Average household income is projected to be $64,729 in five years, compared to $84,910 for all U.S. households

Current per capita income is $22,399 in the area, compared to the U.S. per capita income of $28,597. The per capita income is projected to be $25,607 in five years, compared to $32,501 for all U.S. households

Housing2000 Total Housing Units 515 3,106 11,064

2000 Owner Occupied Housing Units 225 1,474 3,9292000 Renter Occupied Housing Units 116 810 1,9762000 Vacant Housing Units 174 822 5,159

2010 Total Housing Units 868 6,012 18,4862010 Owner Occupied Housing Units 203 1,401 4,0332010 Renter Occupied Housing Units 153 1,034 2,6992010 Vacant Housing Units 512 3,577 11,754

2015 Total Housing Units 919 6,537 20,3012015 Owner Occupied Housing Units 197 1,391 4,0642015 Renter Occupied Housing Units 176 1,200 3,1672015 Vacant Housing Units 546 3,946 13,071

2020 Total Housing Units 968 7,051 22,0452020 Owner Occupied Housing Units 204 1,483 4,4272020 Renter Occupied Housing Units 193 1,319 3,4362020 Vacant Housing Units 571 4,250 14,182

Currently, 20.0% of the 20,301 housing units in the area are owner occupied; 15.6%, renter occupied; and 64.4% are vacant. Currently, in the U.S., 55.7% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.6% are vacant. In 2010, there were 18,486 housing units in the area - 21.8% owner occupied, 14.6% renter occupied, and 63.6% vacant. The annual rate of change in housing units since 2010 is 4.25%. Median home value in the area is $166,722, compared to a median home value of $200,006 for the U.S. In five years, median value is projected to change by 2.13% annually to $185,277.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography.

February 17, 2016

©2015 Esri Page 2 of 2

Former Entertainment Venue149 Cates Lane •Demographics


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