6336 Tn-111Cookeville, TN 38506

This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General Mini Market in Cookeville, Tennessee. The property boasts a 15-year absolute NNN lease with a highly-rated ("BBB" by S&P) investment-grade tenant, Dollar General – the nation's largest retailer with over 19,700 stores. The lease features attractive 5% rental increases every five years, ensuring consistent income growth. Located at 6336 TN-111, this strategically positioned store benefits from high visibility along a major thoroughfare (17,986 cars/day) and serves a growing trade area with over 43,000 residents and average household incomes exceeding $71,000 within a 3-mile radius. The property's proximity to Tennessee Tech University (11,000 students), numerous K-12 schools (6,000+ students), Cookeville Regional Medical Center (2,647 employees), and significant tourism attractions (Dale Hollow Lake State Park and Big South Fork National River and Recreation Area) further enhances its investment appeal. Built in 2025, this upgraded market features expanded produce and grocery offerings. The property offers a strong NOI of $135,480 and a compelling 6.70% cap rate, making it an ideal addition to any diversified portfolio. The location's strong daytime population (over 21,500 employees) and Cookeville's status as a regional economic and retail hub solidify this investment's long-term potential. Tennessee's tax-free status, with no state income tax, adds further value. The asking price is $2,022,000.