Dollar General Real Estate Opportunities & Market Research
Dollar General
Lowest Cap Rate
4.00%
Lowest Cap Rate over past 24 months
Average Cap Rate
6.88%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
Low Transaction Volume
Contact for Details
Contact for Details
Average Cap Rate over previous quarter
Overview
Dollar General is one of the largest dollar store chains in the United States, with over 16,000 locations in 46 states. Dollar General is traded on the New York Stock Exchange, making it an investment grade company. Many investors are drawn to Dollar General as a tenant due to their corporate ownership, consistent lease terms (15 years), and "hands-off" lease structures with no landlord responsibilities. The typical Dollar General prototypes are between 7,000 - 10,000 SF, with the newest prototype being 9,100 SF on approximately an acre of land. While a popular investment, the tertiary locations of many stores deter other investors from considering acquisitions.
Property & Lease
Sales Price Range$1,400,000 - $2,250,000
NOI Range$90,000 - $140,000
Building SF7,000 - 10,000
Lease Term15 Years
EscalationsFlat Initial Term
Stock SymbolNYSE:DG
Credit Rating
S&PBBB
Moody'sBaa2
Cap Rate By Region
6.49
6.32
6.45
6.41
5.62
5.75
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Fayetteville, PA6.77%
Decatur, MS6.85%
Westville, NJ6.60%
Top Consumer Traffic
Dover, TN473,200
Elizabeth, NJ461,000
California City, CA456,900
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
