Net Lease News

net lease m&m listings/closings ยท week of april 25, 2025

Net Lease News
Retail Report

Auto Parts

ListingsCityStateYearSq FtPriceCap
AutoZone Coram NY 2025 6,876 $1,500,000 4.00%
Mavis Tires & Brakes Grovetown GA 2024 6,730 $2,916,667 6.00%
Valvoline Colorado Springs CO 2025 1,200 $1,900,000 5.00%
Valvoline Thornton CO 2025 2,087 $1,800,000 5.00%

Banks

ClosingsCityStateYearSq FtPriceCap
Bank of America Houston TX 2003 4,888 $3,504,000 6.65%

Convenience

ListingsCityStateYearSq FtPriceCap
7-Eleven Front Royal VA 2000 6,011 $5,910,000 5.25%
7-Eleven Gainesville VA 2004 3,162 $2,646,953 5.35%
Circle K North Lauderdale FL 2017 6,240 $3,433,300 5.10%
Valvoline Kaukauna WI 2024 2,450 $1,083,000 6.00%
Wawa Byram NJ 2024 5,585 $5,190,500 5.25%

Discount

ListingsCityStateYearSq FtPriceCap
Dollar General Hartford CT 2016 7,489 $1,901,333 6.75%
Dollar General Thomasville GA 2025 10,640 $2,649,333 6.30%
Dollar General Mayodan NC 2011 9,100 $1,053,000 7.75%
Dollar General Sawyer MI 2025 10,640 $2,305,000 6.70%
Dollar General Ashland City TN 2016 9,088 $1,092,910 7.25%
Family Dollar Harlan KY 1984 12,650 $995,000 7.81%
ClosingsCityStateYearSq FtPriceCap
Dollar General Baker FL 2023 10,640 $2,152,000 6.85%
Dollar General Oakland City IN 2009 9,014 $810,000 9.27%
Dollar General Mocksville NC 2023 10,640 $1,726,800 7.00%

Drug

ListingsCityStateYearSq FtPriceCap
CVS Pharmacy O'Fallon MO 2015 13,225 $3,500,000 5.70%
CVS Pharmacy Mahopac NY 1974 10,402 $3,180,000 6.00%
Rite Aid Antioch CA 1959 12,592 $3,900,000 7.02%
Walgreens Virginia Beach VA 1998 13,895 $3,223,585 7.00%
Walgreens Waynesboro GA 2008 13,650 $3,750,000 9.00%
Walgreens Granite City IL 1997 16,380 $3,048,685 6.99%
Walgreens Bonner Springs KS 2010 14,820 $4,800,000 8.50%

Restaurants

ListingsCityStateYearSq FtPriceCap
Arby's Gretna NE 2024 2,255 $1,858,000 5.65%
Krystal Hattiesburg MS 1973 2,735 $1,520,000 6.25%
McDonald's Gretna NE 2024 3,654 $3,133,000 4.15%
Starbucks Sacramento CA 2025 2,330 $4,222,222 4.50%
Wendy's Caledonia MI 2017 3,378 $2,533,500 5.60%
Wendy's Groveport OH 2001 3,145 $1,875,000 8.00%
ClosingsCityStateYearSq FtPriceCap
Chipotle Tampa FL 2024 2,500 $3,630,000 5.00%
Chipotle Crown Point IN 2025 2,350 $3,040,000 5.10%