Land Purchased for Dollar General Store at 9950 S Nogales Highway

DCM Development Company (Chris Lechner, manager) an affiliate of Lechner Construction of Tucson has purchased 63,597-square-feet of land at 9950 South Nogales Highway in Tucson. The purchaser plans to build a retail store for Dollar General. The purchase price was $320,000 ($5.PSF).

Other DCM built Dollar General locations in Tucson include: 945 E 22nd Street (built 2011), 5697 S Alvernon Way (built 2010), 5663 S 12th Avenue (built 2011), and 155 W Valencia Road (built 2007), 1742 W Ruthrauff Road (built 2013) and 1765 W Prince Rd (built 2013).

Dollar General Corporation of Goodlettsville, TN (NYSE:DG) published its intention to continue a consistent record of positive job growth. Driven by the addition of new stores and comparable-store-sales growth of 4.4%, Dollar General’s revenue stood at $4.4 billion, an increase of 10.5% over last year.

“Dollar General’s continued growth reflects our customers’ increasing satisfaction with our everyday low prices and convenience,” said Rick Dreiling, Dollar General’s chairman and CEO. “Further, 2013 marked another growth milestone to open the organization’s 11,000th store before the year’s end when we will begin our 75th anniversary in 2014.”

In order to generate a high caliber candidate pool, Dollar General also participates in proactive hiring initiatives such as Paychecks for Patriots that demonstrate the company’s commitment to an employee base including veterans. The Paychecks for Patriots program helps resolve the challenges of unemployment facing veterans by equipping the military community with the resources to better access available job opportunities at committed companies.

“Dollar General is a thriving organization looking to attract new employees that embody our mission of ‘Serving Others,’ which complements the company’s efforts to promote from within. We are excited to welcome new talent with a passion for the retail business,” said Bob Ravener, executive vice president and chief people officer.

Dollar General’s commitment to employee development will also continue in 2013 by using training as an instrumental tool in the company’s overall success. Recently, Training magazine recognized the company among its Training Top 125 for the second consecutive year.

Dave Hammack of Volk Company represented the purchaser. The seller was K Q Covenant Investments, LLC.

For additional information on Dollar General contact the Media Relations Department at (615) 855-5210. Lechner can be reached at (520) 888-1212. Hammack is at (520) 326-3200.

[mepr-show rules=”58038″]Sale date: 1/27/2014. $5,000 down new financing for balance. Zoning CB-1, County. APN 303-12-106F.[/mepr-show]