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Dollar Store Sector Continues to Attract Private and 1031 Exchange Buyers

The report states that in 2019 Dollar General alone plans to open approximately 1,000 locations, while the dollar store sector has a pipeline of approximately 24,000 new locations planned for the future.

Source: The Boulder Group Source: The Boulder Group

WILMETTE, IL—The cap rate for dollar store sector properties (primarily Dollar General, Dollar Tree and Family Dollar) was flat at an average of 7.1% at the end of the second quarter of this year.

According to a report released by The Boulder Group of Wilmette, IL, the average cap rate was unchanged as compared to a year earlier, although the cap rate performances for the respective dollar store retailers were mixed. Cap rates for Dollar General were constant at 7.05%. Family Dollar cap rates decreased by six basis points to 7.25% and Dollar Tree cap rates increased by eight basis points to 7.10% in the second quarter of 2019.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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