NNN Dollar General Investment
For Sale
Contact for pricing
447 Turnpike Rd, Madisonville, TN 37354
Single-tenant retail property with a long-term lease structure and corporate tenant guarantee.
Property Size9,002 SF
Price / SF$265.68
Days on Market15
Property Features for 447 Turnpike 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
(662) 638-0722
Listed By:
Brian Phillips · License #19734
(662) 638-0722
Source:
Moodyscre
Added: Aug 10
Changed: Aug 24
Last Checked: Aug 24 at 2:13PM
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 single-tenant retail property is occupied by Dollar General and features a corner entrance. The asset is structured as an NNN investment with a 15-year lease, five five-year renewal options, and 5% increases every five years during both the primary term and renewal periods. Dollar General Corporation provides the corporate guarantee.
The property is located along New Highway 68, a route serving Madisonville and connecting the community with the surrounding region. Madisonville lies in southeastern Tennessee between Knoxville and Chattanooga, with the source data identifying approximate distances of 45 miles to Knoxville and 75 miles to Chattanooga. Local economic activity includes manufacturing, retail, and healthcare.
The property is located along New Highway 68, a route serving Madisonville and connecting the community with the surrounding region. Madisonville lies in southeastern Tennessee between Knoxville and Chattanooga, with the source data identifying approximate distances of 45 miles to Knoxville and 75 miles to Chattanooga. Local economic activity includes manufacturing, retail, and healthcare.
Key Highlights
- 9,002‑square‑foot single‑tenant retail property
- Dollar General occupies the property
- 15‑year NNN lease with five five‑year options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Marathon Petroleum
Shops & Services
1,898 visits/mo
0.3 miles
Demographics for 37354, TN
17,535
Population
7,370
Households
2.4
Avg Household Size
43
Median Age
13%
College-Educated
84%
High-School Grad
117.6 sq mi
ZIP Area
149
Density / Sq Mi
$53,547
Median Household Income
$35,667
Median Earnings
$796
Median Rent
$209,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant retail property with a long-term lease structure and corporate tenant guarantee.
Where is this nnn property located?
The property is located at 447 Turnpike Rd Madisonville, TN.
What is the asking price?
The asking price for this property is $2,391,672.
What are key features of this property?
This property features: 9,002‑square‑foot single‑tenant retail property; Dollar General occupies the property; 15‑year NNN lease with five five‑year options
