Net Lease Report

net lease m&m listings/closings · week of December 3, 2021

Retail Report
Net Lease Report

Auto Parts

ListingsCityStateYearSq FtPriceCap
Advance Auto Parts Kalkaska MI 2011 6,124 $1,348,000 6.15%
Caliber Collision Springfield IL 1900 15,600 $1,715,142 5.25%
International Car Wash Group Lubbock TX 2020 4,500 $5,895,455 5.50%
International Car Wash Group Lubbock TX 2020 6,700 $5,670,909 5.50%
Jiffy Lube Lewis Center OH 2002 1,724 $1,531,500 7.25%
Mammoth Car Wash Miami FL 2020 2,400 $5,722,500 4.75%
Take 5 Oil Change Minden LA 1994 1,200 $1,121,495 5.35%
Take 5 Oil Change Port Arthur TX 2021 1,438 $1,810,000 5.15%
ClosingsCityStateYearSq FtPriceCap
Advance Auto Parts Tomball TX 2008 6,135 $1,900,000 5.26%
International Car Wash Group Smyrna GA 2020 2,764 $5,491,071 5.60%
Mavis Discount Tire Concord NC 2000 12,325 $2,970,000 5.00%
Mavis Discount Tire Columbia SC N/A 6,730 $2,700,000 5.00%
Midas Manchester NH 1988 7,440 $2,000,000 5.75%

Banks

ListingsCityStateYearSq FtPriceCap
Bank of America Richardson TX 2003 4,865 $2,606,000 4.75%
ClosingsCityStateYearSq FtPriceCap
BB&T Marietta GA 2005 4,000 $1,780,000 9.72%

Convenience

ListingsCityStateYearSq FtPriceCap
7-Eleven Charlotte NC 1979 2,406 $2,729,760 6.25%
7-Eleven Bensalem PA 1967 2,301 $1,108,000 5.00%

Discount

ListingsCityStateYearSq FtPriceCap
Dollar General Crawfordville FL 2022 10,640 $2,359,000 4.60%
Dollar General Greenfield IN 1988 12,000 $1,283,000 6.00%
Dollar General Wadesboro NC 2022 10,640 $2,484,000 4.60%
Dollar General Eucha OK 2021 9,100 $1,225,000 6.25%
Dollar General Brock TX 2020 9,100 $2,040,628 4.85%
Dollar Tree Chesterfield SC 2008 18,250 $1,200,000 6.84%
Family Dollar Panama City FL 2020 9,180 $1,736,000 5.50%
Family Dollar Mount Vernon NY 1917 9,464 $3,070,000 5.75%
ClosingsCityStateYearSq FtPriceCap
Dollar General Cartersville GA 2014 9,100 $1,460,000 N/A
Dollar General Richland GA 2016 10,640 $1,676,000 5.65%
Dollar General Conroe TX 2017 9,288 $1,787,000 5.13%
Dollar General Kingsville TX 2019 9,026 $1,699,000 5.25%
Dollar General Smithville TX 2002 8,890 $765,000 6.82%
Dollar General Chilhowie VA 2021 10,556 $1,759,000 5.55%
Dollar General Lyndonville VA 2008 17,725 $4,132,000 6.10%

Drug

ListingsCityStateYearSq FtPriceCap
Walgreens Birmingham AL 2002 14,490 $7,004,616 6.50%
Walgreens Barnhart MO 1994 10,350 $5,327,433 5.65%
ClosingsCityStateYearSq FtPriceCap
Walgreens Garden City KS 2004 14,492 $5,900,884 5.65%
Walgreens Port Allen LA 2013 14,550 $5,589,439 5.95%
Walgreens Columbus OH 2001 15,048 $2,650,000 6.67%
Walgreens Ashburn VA 2007 14,820 $9,000,000 5.61%

Restaurants

ListingsCityStateYearSq FtPriceCap
Applebee's McPherson KS 2000 4,354 $2,490,304 5.75%
Applebee's Papillion NE 1997 5,014 $2,257,220 5.75%
Applebee's New Boston OH 2002 5,378 $2,805,267 5.75%
Applebee's Bluefield VA 2005 5,391 $2,735,459 5.75%
Applebee's Lewisburg WV 2001 4,748 $2,596,441 5.75%
Applebee's Princeton WV 1997 4,623 $2,444,501 5.75%
Burger King Vincennes IN 2022 1,711 $2,596,502 5.50%
Burger King Willmar MN 2012 3,100 $2,500,000 5.10%
Chick-Fil-A Pooler GA 2022 5,181 $2,708,000 3.25%
Chili's Plymouth MN 1992 6,197 $3,631,000 5.45%
Chipotle Effingham IL 2016 2,284 $2,400,000 5.42%
Chipotle St. Louis MO 2021 2,415 $3,133,000 4.15%
Dunkin Donuts Bethel Park PA 2021 2,800 $1,368,400 4.75%
Outback Steakhouse Harrisburg PA 1994 6,196 $3,690,000 5.00%
Pizza Hut Scottsboro AL 2007 4,053 $2,355,000 6.75%
Poliberto's Taco Shop Lubbock TX 2002 3,217 $1,000,000 7.50%
Pollo Regio Arlington TX 1997 1,890 $1,091,000 5.50%
Red Lobster Austin TX 1973 8,454 $5,126,413 5.80%
Sonic Drive-In Crystal River FL 2008 1,544 $2,100,000 4.76%
Starbucks Minooka IL 2021 2,300 $2,300,000 5.00%
Starbucks Schaumburg IL 2007 1,650 $2,250,000 5.15%
Wendy's Palmyra PA 1994 N/A $10,779,913 5.00%
Wendy's Cleveland TN 1976 2,326 $2,150,000 5.00%
ClosingsCityStateYearSq FtPriceCap
Arby's Cullman AL 2003 3,254 $2,467,196 4.65%
Arby's Avon Park FL 1998 2,800 $1,020,300 6.75%
Bojangles's Mount Airy NC 1990 3,572 $1,451,613 6.20%
Burger King Richmond VA 1993 3,530 $2,000,000 6.96%
Checkers Ocala FL 2000 805 $1,590,000 4.56%
Chipotle Moraine OH 2005 4,221 $2,305,000 4.86%
Chipotle Clarksville TN 2013 2,100 $1,965,000 4.50%
Dairy Queen Portland OR 1979 2,750 $2,736,578 4.57%
Del Taco Santa Ana CA 1978 1,855 $3,300,000 3.85%
Dunkin Donuts DeBary FL 2015 2,021 $1,540,000 5.00%
Jack in the Box Lewisville TX 2002 2,857 $540,000 7.69%
KFC Madison Heights VA 1993 3,500 $1,700,000 4.73%
O'Charley's Centerville GA 1998 6,892 $2,857,000 5.95%
Pollo Campero Pasadena TX 2018 29,072 $2,290,000 5.46%
Red Lobster Pensacola FL 2008 8,298 $5,750,000 5.78%
Sonic Arlington TX 2004 1,579 $1,900,000 4.79%
Taco Bell Fort Myers FL 2005 2,809 $3,438,857 5.60%
Taco Bell Valdosta GA 2007 3,256 $1,955,000 5.88%
Taco Bell Greenville MS 2005 2,460 $2,375,000 5.21%