7592 Highway 63 Speedwell, TN 37870

This exceptional investment opportunity presents a 9,100 square foot freestanding Dollar General store situated on a substantial 1.35-acre lot at 7592 Highway 63, Speedwell, TN 37870. The property boasts a strong, stabilized income stream, currently leased to Dollar General under a Double Net (NN) lease with approximately six plus years remaining until April 2, 2031. Landlord responsibilities are minimal, limited to roof and structure maintenance. This location has served the Speedwell and surrounding communities since 2016, providing essential goods and services. The property offers an 8.00% cap rate, representing an attractive return on investment. The lease includes five five-year options with a 10% rent increase at each option period, further securing long-term income potential. The tenant, Dollar General (NYSE: DG), provides a corporate guarantee, adding to the investment's stability. Speedwell's proximity to the Cumberland Gap National Historical Park and the Powell River enhances its appeal. Tennessee's status as an income tax-free state adds another layer of financial advantage. This is a rare opportunity to acquire a well-established, income-producing property backed by a national credit tenant in a desirable location. The property is offered at $1,271,000.