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Tenant Profiles

Dollar General

B+E > B+E INSIGHTS > Tenant Profiles > Dollar General
02/29/2024 By B+E

Dollar General

dollargeneral.com

dollar general logo

377
Number on Market

$1.7M
Average Price

11.5
Average Remaining Term (Years)

6.46%
Average Cap Rate

Dollar General Tenant Overview

Dollar General Corp., founded in 1939, is an American chain of variety stores with a nationwide presence in 47 states. Headquartered in Goodlettsville, Tennessee, the company operates and franchises over 19,200 stores in the U.S. Dollar General’s corporate expansion strategy has contributed to its success as one of the largest retailers in the country. 

Dollar General’s high sales volume, large store count, and low-priced household items make it a desirable tenant in the net lease market. In addition to offering high-quality private brands, the company sells products from trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo.

In the 2023 fiscal year, Dollar General’s annual revenue reached $37.8B, a 10.5% increase from the previous year.

dollar general net lease

Tenant Data:

Company Dollar General Corp.
Ownership Public
Headquarters Goodlettsville, TN
Ticker NYSE: DG
Credit Rating BBB (S&P)
Annual Revenue ± $37.8B (FY 2023)
Locations (North America) ± 19,200
Website www.dollargeneral.com
Average Dollar General Info
Number on Market 377
Average Price $1,721,917
Average Remaining Term 11.5 Years
Average Cap Rate 6.46%
Average NOI $108,227
Average PPSF $168
Average Building SF 10,117 SF
Average Lot Size 1.76 AC
AS OF 07/25/2023

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