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    Property profile & analytics
    OFF-MARKET
    Retail space

    127 Mecca Pike, Tellico Plains, TN 37385

    10,500 SF 1.32 ac lot Built 2024
    Entity Owned 1-yr Hold
    Property ID
    US80-2140527
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a newly constructed, 10,500 square foot retail property located at 127 Mecca Pike, Tellico Plains, TN 37385. The property boasts a 10-year net lease with a credit-rated, corporate-guaranteed tenant, Dollar Tree/Family Dollar, commencing March 31, 2024, and expiring March 31, 2034. This single-tenant building sits on a 1.32-acre lot and features 35 parking spaces. The property enjoys a 100% occupancy rate, generating a strong net operating income (NOI) of $148,995, resulting in a compelling 6.50% capitalization rate. Built in 2024, this is a fee-simple ownership opportunity with a combined Family Dollar and Dollar Tree store, a hybrid model showing 20% higher sales than traditional store models. The property benefits from its location on Route 68, experiencing a high daily vehicle count of approximately 7,550. This e-commerce resistant tenant offers a secure, long-term investment in a tax-free state. The property is a single-story building and represents a low-management, high-return investment opportunity. The asking price is $2,292,230. This is a rare chance to acquire a well-positioned, high-performing retail asset with a strong tenant and significant upside potential.

    Property profile
    Verified
    Property type Retail space
    Year built 2024
    Total area 10,500 SF
    Lot 1.32 ac (57,499 SF)
    APN 062136 04100
    UPID US80-2140527
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Brendare LLC · 1 yrs held
    Brendare LLC
    since 2025
    3 recorded transactions
    2025
    $2.2M
    2023
    $280,000
    2021
    $179,900
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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