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re: Anyone have any thoughts on Dollar General?
Posted on 12/19/23 at 8:10 am to Kingpenm3
Posted on 12/19/23 at 8:10 am to Kingpenm3
From the CRE side of things, Dollar General rents for new stores are up 40%-50% from a few years ago (anecdotal.. not based on any "big data") and they have had to modify their lease structures to include rent increases versus the flat 15 year leases that were typical 2022 and earlier. The increased cost of growth has a big part in the stock being down IMO.
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