Dollar Store
Real Estate Investing
Written by Jeb Fuller — Top 1% National CRE Investment Advisor
The Complete Guide to Building Passive Wealth Through America's Most Recession-Proof Retail Asset Class
What's Inside the Book
Over 121,000 words covering every dimension of dollar store real estate — from brand histories and lease structures to dark store risk and portfolio building.
The Dollar Store Gold Rush
Why dollar stores win in every economy — boom, bust, or recession. The insider's map of the $121 billion dollar store industry and why Dollar General, Dollar Tree, and Family Dollar have become the most recession-proof retail tenants in America.
A Decade of Dominance (2014–2024)
Year-by-year expansion data for all four brands. The Dollar Tree / Family Dollar $8.5 billion merger, the integration disaster, the divorce, and the birth of DG Market. What every investor should have been doing at every stage.
The Four Horsemen — Brand Deep Dive
Dollar General, Dollar Tree, Family Dollar, and DG Market — every format, every store size, every lease structure, and Jeb's investment verdict on each. The brand analysis that Wall Street doesn't publish.
The Lease Architecture
Absolute NNN vs. NN leases, 15-year primary terms, option periods, rent bumps, dark store clauses, and the 37 lease factors that separate a gold mine from a time bomb. The complete dollar store lease analysis framework.
Dollar Stores vs. The NNN Universe
Dollar stores vs. QSR, strip centers, flex space, medical retail, and big box. Cap rate comparison tables, credit quality analysis, and Jeb's definitive verdict on where dollar stores rank in the NNN investment hierarchy.
Building Your Dollar Store Portfolio
How to find, underwrite, finance, and close dollar store NNN deals. The 1031 exchange strategy, the portfolio building roadmap, and the exit strategy that maximizes your return when the lease expires.
The Four Horsemen — Investment Verdict
Dollar General
Investment-grade corporate guarantee. Absolute NNN. 15-yr primary term. The gold standard of dollar store investing.
DG Market
DG's grocery format. 16,000 sq ft. Same DG corporate guarantee. Serves food deserts. Premium cap rates.
Dollar Tree
Post-Family Dollar divorce. Refocused on core brand. Multi-price format transition. Suburban ZIP codes.
Family Dollar
Sold to private equity ~$1B. Integration failure. Store closures ongoing. Credit risk elevated.
— Jeb Fuller, Dollar Store Real Estate Investing
Key Topics Covered
Jeb Fuller
Jeb Fuller is a nationally recognized commercial real estate expert with over 40 years of experience as an investor, advisor, General Certified Appraiser, and licensed real estate broker. He is consistently ranked in the Top 1% of commercial real estate investment advisors nationwide.
He has personally brokered and analyzed hundreds of dollar store NNN transactions across 30+ states — Dollar General, Dollar Tree, Family Dollar, and DG Market. He is the founder of SyndicatorsCapital.com and the creator of the NNN investing curriculum at UniversityOfSuccess.com.
