2022 Dollar Store Sales

Farmington Hills-based Fortis Net Lease has announced that the firm successfully brokered 179 single tenant properties occupied by Dollar General or Family Dollar/Dollar Tree in 2022.

Over the last 13 years Fortis has sold nearly 1,500 dollar store properties which represents a very significant share of the overall sub-market. “Fortis is pleased that we have grown our reputation for dollar store property investment sales. We have built a proprietary buyer database that understands the value of these investment grade properties,” said Managing Partner, Robert Bender. “These assets represent low risk, cash-flowing investments with minimal landlord responsibilities. They tend to perform especially well during economic downturns.” Fortis currently has in excess of 100 dollar stores properties in escrow/pending and expects to sell approximately 225 dollar stores in 2023.