Dollar Stores Lead Retail Sector
Dollar Stores are one of the most appealing sectors in commercial real estate with locations closer to residential neighborhoods, respectable sale records, aggressive expansion strategies and more. Leading the pack, Dollar General, Family Dollar, and Dollar Tree have been the largest players in the dollar store section. According to CoStar, all three bargain stores are among the top ten retailers adding the most square footage to new store openings ranging from 3,210,000 to 5,529,566 square feet. With new store openings growing at such a rapid pace, there has been a tremendous increase in the number of net lease dollar store transactions each year.