A Dollar General for sale is appealing considering its lower price range, corporate expansion strategy, and respectable sales record. Recently, Dollar General has disclosed a plan to allot a minimum of 30 parking lots. Dollar General for sale is popular among investors for full egress / ingress and high visibility with a high volume of traffic. Lower price points in combination with higher cap rates have attracted a pool of buyers with due qualifications.
Dollar General for sale offers corporate guarantee, along with a 15 year NNN term. So, in a sense, it becomes a passive investment for Out-of-State investors. Older stores are however in general NN only, with the landlord’s responsibility over the structure and roof; moreover, they have higher cap rates.
- The Sole dollar shop with investment rating credit
- Absolute NNN lease
- Lower Price Point
- Good access and high visibility
- Market locations are tertiary
- In some NN leases the landlord has to bear the responsibility of the structure and roof.
Dollar General had started public trading back in 1939. The founder of the company is JL Turner. He started the venture in Kentucky. Today, DG offers a wide range of merchandise, including apparel, home products, consumables, and seasonal.
Dollar General for sale is popular for low operating costs, no frills building, limited maintenance capital, and a low-cost. The average selling space of DG stores is 9,100 square feet. And, primarily the stores are located in towns with 20,000 people.
Dollar General has at present about 12000 plus stores spreading across 43 states. They have a plan to open 900 more stores by the next year. Most of their stores are available with multi-renewal options. A build-to-suit arrangement is applicable to most of the new stores. Considering all these factors Dollar General for sale is an opportunity to get the most out of your investment.