How many Dollar General markets are there?
As of February 26, 2021, Dollar General had 17,266 stores in 46 states throughout the United States, 1,626 of which were in Texas….Number of Dollar General stores in the United States as of 2021, by state.
| Characteristic | Number of stores |
|---|---|
| Indiana | 607 |
| Lousiana | 594 |
What’s the difference between Dollar General and Dollar General Market?
At 18,000-sq. -ft, DG Market is about twice the size of a conventional Dollar General, which typically occupies 7,000 to 9,500 square feet. Like the larger supercenters, Dollar General is using food to attract more visits from customers than its general merchandise only stores.
How many Dollar General stores are there in the US 2020?
17,266
Is Dollar General a good buy?
Despite the retailer’s impressive fiscal 2020 results, the stock has underperformed the S&P 500, which has advanced about 52% over the past one year. As per TIKR.com, the average price target for Dollar General stock is $225.96, which indicates an upside potential of about 6% from current levels.
Is Dollar General a credit tenant?
Dollar General is currently the only dollar store operator with investment grade credit guaranteeing their leases. Moody’s rates Dollar General Corporation Baa2 and Standard and Poor’s rates them BBB. Dollar General tenanted properties make an attractive investment due to investment grade credit guaranteeing the lease.
What is the credit rating for Dollar General?
Dollar General possesses an investment grade rating from Standard and Poor’s of BBB and a Moody’s long term rating of Baa2. The company was founded in 1939 and is currently headquartered in Goodlettsville, Tennessee.
How many square feet is a Dollar General store?
7,300 square feet
What does no triple net mean?
A triple net (NNN) lease is defined as a lease structure where the tenant is responsible for paying all operating expenses associated with a property. The triple net or NNN lease is considered a “turnkey” investment since the landlord is not responsible for paying any operating expenses.
Who pays for a new roof in a triple net lease?
As the triple net property owner (unless otherwise specified in the NNN lease), you’ll generally be responsible for maintaining and repairing these 3 main aspects of your building: Roof (repairs, maintenance, upgrades) Exterior Walls. Utility Repairs and Upkeep (for major things such as plumbing and electricity)
How much is triple net usually?
It is typical to see a $3 a square foot NNN cost in my area, which would add $15,000 a year or $1,250 a month to the costs. Your base lease rent of $4,166.67 could easily turn into $6,000 a month actual cost.