Mountain City, TN NNN properties for sale

Updated: Apr 11

Single-Tenant NNN Retail Building

202 Old South Church St, Mountain City, TN 37683

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1,220 sqft 0.28 AC lot

Single‑tenant memorial retail property at 202 Old South Church Street, Mountain City, TN
Approx. 1,220 rentable SF on an estimated 0.28‑acre parcel
Subject to a 20‑year absolute triple‑net (NNN) lease that commenced May 31, 2018
Current annual rent of $20,460
Scheduled 1.80% annual rent increases throughout the base term and two 10‑year renewal options

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Updated: Nov 11, 2025

Dollar General NNN Investment Opportunity

333 S Shady St, Mountain City, TN

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9,026 sqft 428.00 AC lot

Investment Grade Tenant: Lease guaranteed by Dollar General Corporation (S&P:BBB).
Long Term Tenancy: Dollar General occupied since 2013 with a recently extended 10‑year lease.
Rare Lease Structure: Features a 15‑year absolute NNN lease (~13 Years Remaining).
Rental Bumps: Benefit from 5% rental increases every 5 years during the base term and 10% at the beginning of each option period.
Growth Population: Located in Tennessee, a desired retail market with a rising population and no state income tax.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mountain City, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

NNN Retail Building with Active Tenant

1201 Highway 19e, Elizabethton, TN 37643

$365,000

920 sqft 0.07 AC lot

Retail building on Hwy 19E with a NNN lease in place, positioned for straightforward tenant occupancy and predictable income terms.

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NNN Retail Building with Long Lease

1201 Highway 19e Byp, Elizabethton, TN 37643

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920 sqft

Built in 2008, this NNN retail building has 5 years remaining and rental escalations with two 5-year renewal options.

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Dollar General Absolute NNN Investment

1055 E. Valley Drive, Bristol, VA 24201

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9,123 sqft

Corporate-guaranteed Dollar General with an absolute NNN lease structure and approximately five years remaining on the primary term.

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Sonic Drive-In NNN Ground Lease

877 Old Airport Road, Bristol, VA 24201

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1,368 sqft 0.63 AC lot

Sonic Drive-In for sale with a new triple-net lease commencing after escrow close.

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