In the second quarter, national asking cap rates in the single-tenant dollar store sector decreased to 6.98 percent, falling to a three-year low, according to the 2020 Net Lease Dollar Store Report from The Boulder Group.
Even with that compression, which was a decline of 12-basis points year-over-year, the dollar store sector is priced at a 73-basis point discount to the overall net lease retail market, according to Randy Blankstein, President of The Boulder Group.