8171 Us-19E, Roan Mountain, TN 37687
- Retail properties & Spaces
- 10,500 SF
- 1.24 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 8171 Us-19E
- Year built
- 2024
- Lot size
- 1.24 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 10,500 square foot Family Dollar and Dollar Tree retail property located at 8171 US-19E in Roan Mountain, Tennessee (37687). Built in 2024, the property boasts a 100% occupancy rate with a new 10-year corporate guaranteed lease, offering significant stability and predictable income. The asking price is $1,755,000, representing a compelling cap rate of 7.15% and a price per square foot of $167.14. The property generates a net operating income (NOI) of $125,475. The lease includes four 5-year options with $0.50 per square foot rental increases at the beginning of each option period, ensuring future income growth. Situated on a 1.24-acre lot, the property features ample parking with 40 spaces and benefits from excellent visibility and accessibility on US Highway 19E, which sees 7,700 vehicles per day. The property is zoned for general commercial use and has a parcel number of 010093M A 01700. This is a rare opportunity to acquire a high-performing retail asset in a tax-free state with limited competition and a strong tenant with a BBB Standard & Poor's rating. The property's proximity to Cloudland High School further enhances its strategic location. The net lease structure minimizes landlord responsibilities.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roan Mountain
- County
- Carter
- State
- Tennessee
- Longitude
- -82.0713
- Latitude
- 36.1997
