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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