12314 New 68 hwy - Freestanding FOR SALE


Tellico Plains, TN 37385
$2,229,443 USD
662-638-0722
12314 New 68 hwy, Tellico Plains, TN for Sale
$2,229,443 USD
Freestanding - FOR SALE
1/3
null | 6.1% Cap Rate

12314 New 68 hwy
Tellico Plains, TN 37385


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

OVERVIEW

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 an estimated delivery date of April 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)

FOR SALE DETAILS

PRICE

$2,229,443 USD

PRICE/SF

$248 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Tellico Plains, TN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

197-043.01

ASK ABOUT THIS PROPERTY

Brian PhillipsRandall Commercial Group, LLCMore Info
662-638-0722

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Brian PhillipsRandall Commercial Group, LLCMore Info
662-638-0722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.