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    Dollar Stores - David vs. Goliath

    More Info Register
    May 15, 2024 Kentwood, MI
    Date
    May 15, 2024
    Sponsor
    Great Lakes Chapter
    Holiday Inn Grand Rapids - Airport, 3063 Lake Eastbrook Blvd., SE Location
    Kentwood, MI
    Instructor
    David Rice
    Full Price
    $50.00
    AI Price
    $50.00
    Enroll by May 15!
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    Who Should Enroll
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    MI CE 2 Classroom Classroom 04/01/2023 04/01/2026 20-1091618 (Great Lakes Chapter)
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 05/15/2024
    $50.00 $50.00
    Event Information

    Class will begin at 3:00 P.M.



    This two-hour presentation provides continuing education for Michigan Assessors and Appraisers.  It begins with an overview of the dollar store retail concept in competition to big box stores. The "Big Three" - Dollar General, Family Dollar and Dollar Tree dominate the market.  Real estate requirements, typical lease terms and rates of return are presented together with national data sources.

    The build to suit development model is explored with reginal examples illustrating the significant value change from fee simpl to leased fee.

    New concepts for dollar stores are discussed and contrasted to big box retail stores. Valuation challenges for each type of property are reviewed.