Search
 
Analysis

Breaking Down The Dollar Stores' Boom

Investor interest in this bright corner of the retail landscape resulted in significant cap rate compression.

By Lynn Pollack | August 26, 2021 at 07:19 AM

Discount retailers Dollar General and Dollar Tree are riding a wave of increasing revenues and store accounts and achieved “record-breaking” development as investors flocked to the sector last year, according to analysis from Landan Dory, VP of Avison Young’s US Capital Markets Net Lease Group.

According to Statista, there are currently over 34,000 Dollar stores across the country, and the vast majority are single tenant net lease stores owned by private investors, funds, and REITs. Dollar General accounts for around 17,000, with Dollar Tree and Family Dollar (which Dollar Tree owns) making up most of the rest.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.