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    7592 Highway 63 Speedwell, TN 37870

    For Sale
    $1,271,000

    NN investment property with stable income and national credit tenant.

    Property size:
    9,100 SF

    Property Features for 7592 Highway 63

    General Information

    Size
    9,100 SF

    Building Details

    Year built
    2016

    Source: Daniel Miller Agent Daniel Miller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Dollar General Investment Opportunity

    This is a freestanding Dollar General property situated on a large lot of approximately 1.35 acres. The lease has approximately 6+ years remaining and is Double Net (NN) with minimal Landlord responsibilities, limited to just roof and structure. The store has been serving the Speedwell and adjacent communities with essential goods since 2016. The property is being offered at an 8.00% Cap Rate. The property is a build-to-suit, classic, Dollar General. There are five (5) 5-year options with a 10% increase at each option period. The lease has approximately 4 years remaining on the lease term, with an expiration date of April 30, 2029. Dollar General provides a corporate guarantee (NYSE: DG). Speedwell, Tennessee, is an unincorporated community located in Claiborne County, approximately 55 miles from Knoxville, near the Cumberland Gap National Historical Park and the Powell River. Tennessee is an income tax-free state. The property provides stable income with a National Investment Credit Tenant. The property size is 9,100 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Building Supply Storage Facility Garden Center Electrical Service Tech Support Center Home Appliance Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Speedwell
    County
    Claiborne
    State
    Tennessee
    Longitude
    -83.87712
    Latitude
    36.461933

    Nearby Similar for Sale

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    • $115,000
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      Speedwell Farmland with Mountain Views

      5.42 acres of fenced farmland near Powell River and Norris Lake.
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    • $1,271,000
      9,100 SF

      Speedwell, TN Dollar General

      High-yield, freestanding Dollar General investment.
      7592 Highway 63, Speedwell, TN 37870
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    FAQs

    What type of property is this?
    Grocery and convenience store - NN investment property with stable income and national credit tenant.
    Where is this grocery and convenience store located?
    The property is located at 7592 Highway 63 Speedwell, TN.
    What is the asking price?
    The asking price for this property is $1,271,000.
    What are key features of this property?
    This property features: - Attractive 8.00% Cap Rate provides a stabilized income stream.; - Dollar General Corporate Guarantee (NYSE: DG) ensures financial stability.; - Approximately 6+ years remaining on the lease term, expiring April 30, 2029.
    (310) 806-6145
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    7592 Highway 63 Speedwell, TN 37870
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    Speedwell, TN 37870
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7592 Highway 63 Speedwell, TN 37870
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