Tuesday, May 10, 2016

As Store Counts Rise, Dollar General’s Cap Rates Could Hit New Lows

Dollar General has been on a winning streak, both as a retailer and as a net lease investment, since the economy began to recover in 2009. A number of factors are driving that winning streak as a retailer, but the company’s appeal as a net lease tenant is based on profitable operations and ambitious plans for expansion. What’s more, Dollar General recently unveiled strategic plans that will likely help it maintain its glitter in the eyes of net lease investors.

Dollar General already has an investment-grade corporate credit rating from rating agencies including Moody’s Investors Service (Baa3) and Fitch (BBB), so its properties add value for investors looking for bond-like real estate assets.. . . more

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