Market Update

Tenant Profile – Dollar General

Dollar General is the largest dollar store chain. As of March 2017, they operate 13,429 locations across 44 states. The locations offer products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, clothing, housewares, and seasonal items at low everyday prices.

AmyTenant Profile – Dollar General

Tenant Profile – Hardee’s

Wilber Hardee opened his first restaurant in Greenville, North Carolina in 1960. Five months after opening, Hardee’s had its first franchisee. This burger chain has grown at an impressive rate, opening its 1,000th restaurant in just 15 years of business.

AmyTenant Profile – Hardee’s

Tenant Profile – Fresenius Medical Care

Fresenius Medical Care is a division of the global parent company, Fresenius Medical Care AG & Co. KGaA, with their North American headquarters located in Waltham, MA.   They provide emotional, medical, dietary, financial & well-being resources for patients with chronic kidney care (CKD) and end stage renal disease (ESRD).  They care about all aspects of a patient’s care – the whole “you”.  Their services include in-center hemodialysis, at-home hemodialysis, at-home peritoneal dialysis, counseling and guidance for non-dialysis options, nutritional counseling, as well as patient training and education classes.…

AmyTenant Profile – Fresenius Medical Care

Tenant Profile – Davita, Inc.

DaVita, Inc., a Fortune 500 Company, is one of the largest kidney care companies in the United States, headquartered in Denver, Colorado. Their offerings include in-center hemodialysis, in-center nocturnal dialysis, peritoneal dialysis, home hemodialysis, vascular access management, chronic kidney disease education, and renal diet assistance.…

AmyTenant Profile – Davita, Inc.

Tenant Profile – Starbucks

Founded in 1971, Starbucks is a global brand in the quick service retail sector, specializing in the sale of high-margin specialty coffee. The company operates 22,519 stores around the world, often the ubiquitous meeting lounge for socializing amongst friends or office for entrepreneurs.  For the fiscal year ending 2014, Starbucks generated revenue of $16.44 billion and net income of $2.07 billion, with an extremely impressive gross margin of 58.54% and pre-tax operating margin of 18.7%. As of September 2015, its stock had appreciated 48% on a year-over-year basis.

JD VangsnessTenant Profile – Starbucks