Net Lease Report

net lease m&m listings/closings ยท week of September 22, 2023

Retail Report
Net Lease Report

Auto Parts

ListingsCityStateYearSq FtPriceCap
AutoZone Kissimmee FL 2015 7,956 $1,222,000 4.50%
Caliber Collision Chester PA 1950 8,202 $1,706,400 6.00%
Mavis Discount Tire Naperville IL 2011 7,200 $2,870,000 6.00%
ClosingsCityStateYearSq FtPriceCap
Jiffy Lube Merced CA 1979 1,560 $875,000 5.75%

Banks

ListingsCityStateYearSq FtPriceCap
Wells Fargo Kannapolis NC 1958 3,559 $1,008,000 6.25%
ClosingsCityStateYearSq FtPriceCap
Mechanics Bank Paradise CA 1976 4,634 $1,150,000 6.78%

Convenience

ListingsCityStateYearSq FtPriceCap
SQRL Fort Worth TX 1973 21,951 $5,728,000 7.65%
Stop & Shop Bristol CT 2009 1,968 $2,202,200 7.50%
Wawa Lakehurst NJ 2023 5,000 $7,139,785 4.65%

Discount

ListingsCityStateYearSq FtPriceCap
Dollar General Butler IN 2014 9,026 $1,070,500 7.20%
Dollar General Milford IN 1984 11,673 $600,000 7.80%
Dollar General Orland IN 2011 9,100 $850,862 8.02%
Dollar General Saginaw MI 2022 10,640 $1,477,000 6.50%
Dollar General Millen GA 2023 10,640 $2,386,000 6.00%
Dollar General Market Kingston TN 2023 12,668 $2,439,000 5.85%
Dollar Tree Weirton WV 2023 13,500 $1,788,000 6.75%

Drug

ListingsCityStateYearSq FtPriceCap
Walgreens Birmingham AL 1998 13,905 $4,385,714 7.00%
Walgreens Orland CA 2010 15,930 $8,750,000 6.00%

Restaurants

ListingsCityStateYearSq FtPriceCap
Wendy's El Paso TX 2023 2,179 $2,450,980 5.10%
7 Brew Coffee Bryan TX 2023 510 $1,333,000 6.00%
Arby's Daytona Beach FL 2017 3,518 $2,154,000 7.00%
Burger King West Palm Beach FL 2012 3,039 $2,750,000 5.89%
Denny's Anderson SC 2000 2,640 $1,700,000 6.00%
Huddle House Homerville GA 1994 1,776 $650,000 9.23%
Huddle House Lakeland GA 1995 2,136 $850,000 7.06%
HWY 55 Ennis TX 2021 2,949 $3,175,000 5.41%
Long John Silver's Morganfield KY 1990 2,474 $1,101,000 6.50%
McDonald's Crivitz WI 2000 7,808 $3,447,000 7.09%
Taco Bell Asheboro NC 2022 2,200 $2,571,428 5.25%
ClosingsCityStateYearSq FtPriceCap
Bojangles Gainesville GA 2005 3,688 $1,450,000 6.07%
Burger King Saugatuck MI 1996 3,995 $1,563,000 5.70%
Chick-fil-A Hillsboro OR 2015 5,055 $5,087,500 4.32%