- For Sale $2,391,672
- Property Type Retail - Freestanding
- Property Size 9,002 SF
- Lot Size 2.04 Acre
- Parking Spaces Avail. 30
- Property Tenancy Single Tenant
- Year Built 2025
- Date Updated May 28, 2026
Description
The Subject Property is ideally located along New Highway 68, a key route in and out of Madisonville. The property has considerable road frontage, suggesting high visibility. Madisonville is in the southeastern part of Tennessee and serves as the county seat of Monroe County. Its position is central to the county, and it's situated in a valley between the Appalachian Mountains to the east and the Cumberland Plateau to the west. Madisonville is known for its blend of rural and suburban atmosphere, as well as its historical significance and natural attractions. The city was founded in the early 1820s as "Tellico" and was renamed Madisonville in 1830 in honor of U.S. President James Madison. The city is situated along U.S. Route 411 and Tennessee State Route 68, which intersect near the center of town. Madisonville is situated between Knoxville, TN (+/- 45-miles) and Chattanooga, TN (+/- 75-miles). Located nearby, The Lost Sea Adventure is a major attraction featuring America's largest underground lake. Visitors can take a boat ride through the caverns. (Sources: thelostsea.com; VisitMadisonvilleTn.com; Wikipedia; Google Gemini)Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General located in Madisonville, TN. The subject property has a 15-year, NNN lease with 5% increases every 5 years during the preliminary term and each option, and a rent commencement date of October 30, 2025. This Dollar General has a corner entrance and is ideally located along New Highway 68, a major thoroughfare in and out of Madisonville. Madisonville is in the southeastern part of Tennessee and is situated between Knoxville, TN (+/- 45-miles) and Chattanooga, TN (+/- 75-miles). Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.
Highlights
- 15-Year Lease with Five (5), Five (5) Year Options
- 5% Increases Every 5 Years During Primary Term & Renewal Options
- Corner Entrance Dollar General
- Corporate Guarantee by Dollar General Corporation
- Madisonville is in the southeastern part of Tennessee and is situated between Knoxville, TN (+/- 45-miles) and Chattanooga, TN (+/- 75-miles).
- Madisonville offers a mix of local attractions such as The Lost Sea Adventure (America's largest underground lake) and Kefauver Park.
- NNN Single Tenant Investment Opportunity
- Sources: VisitMadisonvilleTn.com; Wikipedia; Google Gemini
- The area is known for specialty shops like Benton's Smoky Mountain Country Hams. There is also a local vineyard, Tsali Notch Vineyard, which is known for its muscadine grapes.
- The economy is characterized by a mix of industries, with a particular focus on manufacturing, retail, and healthcare
- The property is located along New Highway 68, a key route in and out of Madisonville.
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Contacts
Brian Phillips, CCIM
Randall Commercial Group
Location
Contact Listing Broker
Brian Phillips, CCIM
Randall Commercial Group