Dollar stores had strong second-quarter sales as cap rates fell, according to the 2020 Net Lease Dollar Store Report from The Boulder Group.
Part of their success stems from the niche they carved out in small-town and rural America.
"The dollar stores have positioned themselves in small-town America as the local general store," says Randy Blankstein, President of The Boulder Group. "They've had a good niche.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
