Cal Turner founded J. L. Turner & Son, Inc. in 1939, and opened the first Dollar General store in Scottsville, Kentucky in June 1955. Today, Dollar General Corporation operates as the country' s largest small-box discount retailer with stores in the southern, southwestern, midwestern, and eastern United States. The stores are typically located in local neighborhoods and small communities deemed too small for big-box retailers. In 2007 Kohlberg Kravis Roberts & Co. (KKR) acquired Dollar General, privatized the company for restructuring, and took the company public again in 2009. As of March 1, 2013, Dollar General operated 10,557 stores in 40 states. The company ranks 183rd within the Fortune 500 Companies. Fiscal 2012 revenues exceeded $16.02 billion (up 8.21% from 2011) with profits of $952.66 million (up 24.25% from 2010). The company' s current market value is estimated to be $16.58 billion. - Area description: Dollar General Market is located along Main Street (13,462 Cars / Day) in the heart of Weaverville, CA. Trinity Village Shopping Center (130,000 SF), anchored by Tops Super Foods is located southeast of the site. This development also includes CVS, Burger King, and Subway in its tenant mix. Dollar General is next to a True Value and across Main Street from Ace Hardware. There is a proposed O' Reilly Auto Parts adjacent to the subject property. A 76 gas station and Best Western hotel are also nearby. Weaverville Elementary School (359 Students) is nearby to the southeast. Weaverville is located 1 hour west of Redding, CA. - Number of buildings: 1 - Tenancy: Single Tenant
Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.