127 Mecca PikeTellico Plains, TN 37385

This exceptional investment opportunity presents a newly constructed, 10,500 square foot retail property located at 127 Mecca Pike, Tellico Plains, TN 37385. The property boasts a 10-year net lease with a credit-rated, corporate-guaranteed tenant, Dollar Tree/Family Dollar, commencing March 31, 2024, and expiring March 31, 2034. This single-tenant building sits on a 1.32-acre lot and features 35 parking spaces. The property enjoys a 100% occupancy rate, generating a strong net operating income (NOI) of $148,995, resulting in a compelling 6.50% capitalization rate. Built in 2024, this is a fee-simple ownership opportunity with a combined Family Dollar and Dollar Tree store, a hybrid model showing 20% higher sales than traditional store models. The property benefits from its location on Route 68, experiencing a high daily vehicle count of approximately 7,550. This e-commerce resistant tenant offers a secure, long-term investment in a tax-free state. The property is a single-story building and represents a low-management, high-return investment opportunity. The asking price is $2,292,230. This is a rare chance to acquire a well-positioned, high-performing retail asset with a strong tenant and significant upside potential.