Dollar General
Average Property & Lease Terms
Price $500,000 – $2m
Lease Type NN and NNN
Term 10 Year NN or 15 Year NNN
Ownership Fee Simple
Guarantor Corporate – no franchises
Building Size 9,100 sf
Lot Size +1 acre
Increases Year 11 or flat until option periods
Options 4 five year
Corporate Overview
NYSE: DG
S&P Rated: Investment Grade BBB- (understanding credit ratings)
Current Annual Revenue: $16.022 billion
Current Annual Net Income: $952.7 billion
Number of Locations: +11,500
News Website: www.dollargeneral.com
Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumable products such as food, paper and cleaning products, health and beauty products, pet supplies and tobacco products, and non-consumable products such as seasonal merchandise, home decor and domestics, and basic apparel. The Company is focused on serving the needs of the low, low-middle and fixed income consumers. It offers merchandise at everyday low prices (ranging $10 or less) through small-box locations. The Company’s selling space covers, on an average, approximately 7,400 square feet. The Company operates approximately 11,215 retail stores located in 40 states across the United States.