Dollar General Market
Single-Tenant Offerings
Dollar General Market
New Hwy 68 & High St.
Tellico Plains, TN
- Price:
- $2,131,000
- Cap Rate:
- 6.00%
- NOI:
- $127,886
- Rentable SQFT:
- 12,480 SF
- Year Built:
- 2023
- Lot Size:
- 1.77 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Relocation of High-Performing Store, Proven Concept in the Trade Area
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Brand New Partial Brick Construction, Oversized Parcel
- 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Nation’s Largest Retailer with 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Serving Over 47,000 Residents in Growing Monroe County
- Just West of the Great Smoky Mountains National Park with Over 14.1 Million Visitors Annually
- Close Proximity to Nantahala National Forest (Over 2.5 Million Visitors Annually) and Chattahoochie-Oconee National Forest (Over 3 Million Visitors Annually)
- Hard Corner Location, Highly Visible Along a Major North-South Artery
- Situated in the Heart of the Appalachian Region where Tourism is the Fastest Growing Industry
- Tax Free State, No State Income Tax in Tennessee
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