So You Want to Lease Your Land to the Mini-Mart Midas, The Dollar General Don?
Let's be honest, inheriting that old grandma's farm wasn't exactly what you pictured when you dreamt of "owning land." Now, all those rolling acres seem less "scenic pasture" and more "untimed lawn mowing." But fret not, enterprising individual! There's a glimmer of gold at the end of this overgrown path, and it comes in the form of a bright orange rectangle – a Dollar General!
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| How To Lease Property To Dollar General |
Why a Dollar General, You Ask?
Well, because my friend, Dollar General is the Rodney Dangerfield of retail. They don't get no respect, but they sure do get results (and by results, we mean foot traffic and steady rent checks). Here's the skinny:
- Low vacancy rates: These guys are retail cockroaches – they can survive anywhere and always seem to be multiplying. Empty store? Not for long! This means a reliable income stream for you, my friend.
- Triple net leases, baby! In layman's terms, you can pretty much sip margaritas on a beach while Dollar General takes care of everything – roof repairs, leaky pipes, the whole shebang. You just show up to collect the rent.
But Wait, There's More!
Leasing to Dollar General isn't just about financial gain (although, let's not pretend that isn't a major perk). You're also bringing everyday essentials to your community! We're talking bargain-basement birthday cards, discount dish soap, and enough candy to stock a Willy Wonka fever dream. Basically, you're a local hero.
Alright, Alright, You've Convinced Me. How Do I Get My Piece of the Discount Retail Pie?
**Step 1: ** Location, Location, Location! Dollar General isn't looking for Rodeo Drive frontage. They crave high-traffic areas with good visibility. Think crossroads, rural highways, that weird corner by the abandoned putt-putt course (hey, it could work!).
Tip: Stop when you find something useful.
**Step 2: ** Spruce Up Your Spread (a little). While Dollar General isn't known for white-glove service, you don't want to scare them off with a property that looks like it was ravaged by a pack of rogue shopping carts. Think mowed lawns, a fresh coat of paint (exterior only, they'll handle the inside disco ball theme), and a general air of "not-falling-down-ness."
**Step 3: ** Get in Touch! Dollar General has a real estate team dedicated to finding new locations. You can find contact information on their website https://www.retaildive.com/news/dollar-general-store-count-growth-real-estate-target-walmart-big-lots/712995/.
**Step 4: ** Negotiate Like a Boss (or at least pretend to). This is where things get a little more serious. Having a real estate lawyer on your side can't hurt, but at the very least, do some research on average lease rates in your area.
QuickTip: Stop and think when you learn something new.
**Step 5: ** Pop the Champagne (or whatever you fancy)! You've done it! You're now a proud landlord to a Dollar General. Just remember, with great retail power comes great responsibility...responsibility to buy all the discount candy you can handle.
Dollar General Leasing FAQs:
How to Make My Property More Appealing to Dollar General?
Focus on good access, visibility, and ample parking.
Tip: Reading with intent makes content stick.
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How Long are Typical Dollar General Leases?
Leases are usually 10-15 years with renewal options.
How Much Does Dollar General Typically Pay in Rent?
QuickTip: Repeat difficult lines until they’re clear.
Rental rates vary by location, but expect it to be in line with comparable retail spaces in your area.
Does Dollar General Take Care of Maintenance?
In a Triple Net Lease (which is most common), Dollar General is responsible for most maintenance and repairs.
How Long Does the Leasing Process Take?
The leasing process can take anywhere from a few months to a year, depending on negotiations and approvals.
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