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Dollar General NNN Retail Property
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102 Hot Water Rd, Tellico Plains, TN 37385

Single-tenant retail asset with a long-term lease, renewal options, scheduled increases, and a corporate guarantee.

Property Size9,002 SF
Price / SF$247.66
Days on Market7

Property Features for 102 Hot Water Rd

General Information

Standard status Active
Size 9,002 SF
Property subtype RETAIL

Additional Details

Corner Location Yes

Building Details

Tenancy Single
Listing Agency: Randall Commercial Group
Listed By: Brian Phillips · License #19734
Source: Moodyscre
Added: Aug 10 Changed: Aug 13 Last Checked: Aug 16 at 7:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Randall Commercial Group

Investment Insights

Based on property information with market context.

This 9,002-square-foot retail property is occupied by Dollar General under an NNN lease. The agreement provides a 15-year primary term, five 5-year renewal options, and 5% rent increases every 5 years during both the initial term and renewal periods. Dollar General Corporation provides the lease guarantee.

The building occupies the corner of New Highway 68 and Hot Water Road in Tellico Plains, Tennessee. It is next to Coker Creek School and south of the town center. The property is also located near Coker Creek and the gateways to the Cherohala Skyway and Cherokee National Forest, within Monroe County’s manufacturing and marine-production region.

Key Highlights

  • 9,002‑square‑foot single‑tenant Dollar General retail property
  • NNN lease with a 15‑year primary term
  • Five 5‑year renewal options

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Pet Store & Service Bed & Breakfast Hotel & Motel Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 37385, TN

8,108
Population
4,251
Households
1.9
Avg Household Size
48
Median Age
11%
College-Educated
86%
High-School Grad
267.2 sq mi
ZIP Area
30
Density / Sq Mi
$59,824
Median Household Income
$33,724
Median Earnings
$575
Median Rent
$189,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant retail asset with a long-term lease, renewal options, scheduled increases, and a corporate guarantee.
Where is this nnn property located?
The property is located at 102 Hot Water Rd Tellico Plains, TN.
What is the asking price?
The asking price for this property is $2,229,443.
What are key features of this property?
This property features: 9,002‑square‑foot single‑tenant Dollar General retail property; NNN lease with a 15‑year primary term; Five 5‑year renewal options
(662) 638-0722 Call to check price and availability
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