Investment Overview
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.
Investment Highlights
- NNN Single Tenant Investment Opportunity
- Corner Entrance Dollar General
- 15-Year Lease with Five (5), Five (5) Year Options
- 5% Increases Every 5 Years During Primary Term & Renewal Options
- Corporate Guarantee by Dollar General Corporation
- The property is located along New Highway 68, a key route 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).
- The economy is characterized by a mix of industries, with a particular focus on manufacturing, retail, and healthcare
- 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.
- Madisonville offers a mix of local attractions such as The Lost Sea Adventure (America's largest underground lake) and Kefauver Park.
- Sources: VisitMadisonvilleTn.com; Wikipedia; Google Gemini