Dollar General Florence
Fantastic 1031 Exchange Property DG is Publicly Traded BBB Rated Investment Grade
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ABOUT DOLLAR GENERAL:
https://newscenter.dollargeneral.com/video/video-about-us
Dec 4, 2025 #dollargeneral #live #economy
Dollar General (DG) reported strong third-quarter earnings, exceeding expectations and raising full-year guidance, resulting in a 10% stock surge. Marley Kayden details the discount retailer's performance, highlighting gains across all categories and increased customer traffic. Joe Tigay discusses an example options trade for Dollar General.
https://www.youtube.com/watch?v=L8p8AexNqHw
Dollar General Florence, South Carolina
RS Commercial Real Estate is pleased to offer for sale the fee simple interest in a freestanding, single tenant, Dollar General located in Florence, South Carolina at this Location since 2003.
The NN lease is corporately executed by Dollar General, a publicly traded Investment Grade (BBB-) Fortune 500 Company (NYSE: DG), For fiscal year 2025 (ending Jan 30, 2026), Dollar General reported strong results with net sales growing 5.2% to $42.7 billion and same-store sales increasing 3.0%, driven by higher traffic. The retailer, which now operates over 20,800 stores, saw operating profit rise 28.6% to $2.2 billion.
Dollar General originally signed a 10 year lease term with 2 (5-year) options to extend and has since modified their lease for an additional 5 years including two 5 year options as well as renovating to the store to the newer format demonstrating their commitment to the location. In addition to annual reimbursements tenants pays $450 CAM Charges monthly plus the base rent amount. Store Sales are reported over $2.5M annually.
The stand-alone building was built in 2003 using concrete slab foundation with metal construction and brick facade. The asset is strategically located offering excellent exposure along E Palmetto Street; the commercial corridor between Florence Regional Airport and Francis Marion University with traffic counts exceeding 25,000 vehicles per day. The surrounding market area of the subject property has nearly 12,000 people within a 3-mile radius and 40,000 within a 5-mile radius with an average household income of $53,000
Investment highlights
· S&P Rated BBB-, Operates over 20,800 stores in 40 states. BBB- Rated Fortune 500 Company Fiscal 2025 revenues exceeded $42.7 billion.
· Recession proof tenant offering everyday consumable merchandise with above average store sales exceeding $2.5 Million
· Tenant, at Tenant’s sole cost and expense, completed an interior upgrade to this store in July 2024, illustrating their long- term commitment to the site
· Corporate guarantee from Dollar General - 3 years remaining on current NN lease with two 5 year Options with 10% rental increases.
· New Parking Lot and Roof with warranty
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