Dollar General | Tellico Plains, TN
Retail | 6.10% CAP | 9,002 SqFt
Marketing description
Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General located in Tellico Plains, TN. The subject property has a 15-year, NNN lease with 5% increases every 5 years during the preliminary term and each option, and a rent commencement date of May 15, 2026. This Dollar General is ideally located at the corner of New Highway 68 and Hot Water Road, next to the Coker Creek School and just south of Tellico Plains. Tellico Plains is located near the Tennessee / North Carolina border. The Cherohala Skyway, a 43-mile National Scenic Byway and National Forest Scenic Byway that connects Tellico Plains, Tennessee, to Robbinsville, North Carolina, is a "bucket list" drive for motorcyclists and sports car enthusiasts. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.
The Subject Property is ideally located at the corner of New Highway 68 and Hot Water Road, next to the Coker Creek School and just south of the main town center of Tellico Plains. It sits in the "foothills" of the Unicoi Mountains, surrounded by the dense woodlands of the Cherokee National Forest. The store’s location is close to several landmarks including the Cheohala Skyway, Bald River Falls, and Coker Creek, famous for its Gold Rush, which occurred in the early 1830s—nearly 20 years before the California 49ers. Tellico Plains is often called the "Small Town with a Big Backyard," and for good reason. Located in Monroe County at the edge of the Cherokee National Forest, it serves as a gateway to some of the most rugged and beautiful wilderness in the Eastern United States. Monroe County, Tennessee, has an economy characterized by a strong industrial core—particularly in advanced manufacturing—balanced against a significant outdoor tourism sector and a traditional agricultural base. The County is strategically located between Knoxville and Chattanooga on the Interstate 75 corridor, the county has carved out a niche as a global leader in high-end boat manufacturing. (Source: Google Gemini)
Investment highlights
- NNN Single Tenant Investment Opportunity
- Corner Entrance Dollar General
- 15-Year Lease with Five (5), Five (5) Year Options
- 5% Increases Every 5 Years During Primary Term & Renewal Options
- Corporate Guarantee by Dollar General Corporation
- The property is ideally located at the corner of New Highway 68 and Hot Water Road
- The property sits next to the Coker Creek School and is just south of the main town center of Tellico Plains
- Tellico Plains is often called the "Small Town with a Big Backyard," as it sits on the edge of the Cherokee National Forest with some of the most beautiful wilderness in the Eastern United States
- The property is close to Coker Creek, most famous for its Gold Rush, which occurred in the early 1830s—nearly 20 years before the California 49ers
- Tellico Plains is part of Monroe County, TN
- Monroe County has an economy characterized by a strong industrial core—particularly in advanced manufacturing
- Monroe County is often called the “Boating Capital” for its marine manufacturing. The county is home to major brands like MasterCraft, Yamaha Jet Boats, and HCB Center Console Yachts.
- As the gateway to the Cherohala Skyway and the Cherokee National Forest, the county draws significant revenue from motorcycle tourism, hiking, and fishing, particularly in Tellico Plains.
- Sources: Google Gemini
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