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5470 New Hwy 68 Hwy
Madisonville, TN 37354
Dollar General | Madisonville, TN · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • NNN Single Tenant Investment Opportunity
  • 15-Year Lease with Five (5), Five (5) Year Options
  • Corporate Guarantee by Dollar General Corporation
  • Corner Entrance Dollar General
  • 5% Increases Every 5 Years During Primary Term & Renewal Options

EXECUTIVE SUMMARY

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.
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)

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,002 SF
Building Class
C
Year Built
2025
Price
$3,225,841 CAD
Price Per SF
$358.35 CAD
Cap Rate
6.15%
NOI
$198,389 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.04 AC
Parking
30 Spaces (3.33 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
091-097.02
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$25,265 CAD
  • Listing ID: 37726292

  • Date on Market: 2025-09-18

  • Last Updated:

  • Address: 5470 New Hwy 68 Hwy, Madisonville, TN 37354

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