January 26, 2024
Dollar General, established in 1939 in Kentucky, has grown into one of America's largest and most recognized discount retailers. With a strategic focus on small and often underserved communities, Dollar General operates over 18,000 stores in 47 states, making it highly accessible to a broad customer base. This expansive network underscores its significant influence and reach in the retail sector.
The company's business model centers on offering a wide variety of merchandise, including everyday essentials, groceries, apparel, and home goods, at affordable prices. Dollar General's emphasis on value and convenience appeals to budget-conscious consumers, solidifying its position in the competitive discount retail market.
Dollar General's growth strategy is characterized by aggressive store expansion. Despite challenges in the retail sector, the company continues to open new locations, including plans to add 1,000 stores. This expansion strategy demonstrates Dollar General's commitment to broadening its market presence and accessibility.
The company's real estate strategy focuses on small-format stores, strategically located in both rural and urban areas to maximize customer convenience. These locations are typically chosen for their ability to serve communities that are often overlooked by larger retailers, reinforcing Dollar General's mission of serving underserved markets.
Financially, Dollar General has shown resilience and steady performance, even in the face of economic uncertainties. Its focus on value retailing, strategic expansion, and a strong financial foundation position Dollar General as an attractive and stable tenant in the commercial real estate market, offering reliable growth and investment opportunities for landlords and investors.
3 mo avg (4,316 properties)
Average Sale Price
9,000 - 10,600
Approx. Store Count
Reflect only properties with long-term lease.
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