Realty Income Pitch Deck
Dollar Stores (7.7% of ABR)
Growing industry: 89% of all shoppers across geographies,
income levels, and demographics shop at discount retailers.
$120
$100
+6%
$80
$60
$40
$20
US Discount Store Market Size
(in billions)(1)
Dollar General & Dollar Tree:
Same-Store Sales Growth (2)
+5%
$0
2006
2008
2010
2012
2014
2016
2018
2020
2022E
2024E
Source:
(1) National Retail Federation.
(2) Company Filings.
Rece
DOLLAR GENERAL
REALTY INCOME
Counter-cyclical protection due to a trade
down effect and e-commerce resiliency.
Great Recession (2007-2009) 16.3%
Covid Pandemic (2020)
DOLLAR GENERAL
9.5%
O DOLLAR TREE
7.3%
5.7%
7.2%
4.6%
2.0%
0.1%
-0.8%
0.9%
2000
2003
4.9%
2.4%
0.9%
1.8%
1.0%
1.7%
2006
2009
2012
2015
2018
2021
-2.8%
4.3%
6.1%
3.9%
3.2%
DOLLAR
TREE
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