Net Lease Report

net lease m&m listings/closings · week of June 11, 2021

Retail Report
Net Lease Report

Auto Parts Stores

ListingsCityStateYearSq FtPriceCap
Brakes Plus Phoenix AZ 2000 4,644 $2,350,857 5.25%
Caliber Collision Richmond TX 2020 18,743 $6,596,779 5.25%
Jiffy Lube Seffner FL 1988 3,634 $1,157,912 5.75%
Jiffy Lube Florissant MO 2011 2,800 $720,000 6.25%
Midas Nashua NH 1984 5,900 $1,550,000 5.75%
Midas Nashua NH 1984 5,900 $1,550,000 5.75%
Midas Middletown RI 1980 4,085 $1,565,000 5.75%
Midas Middletown RI 1980 4,085 $1,565,000 5.75%
ClosingsCityStateYearSq FtPriceCap
Conrad's Tire Express & Total Car Care Cleveland Heights OH 1992 5,655 $625,000 7.20%

Banks

ListingsCityStateYearSq FtPriceCap
Chase Bank Richmond TX 2008 3,892 $3,822,000 4.75%
Fifth Third Bank Raleigh NC 2021 2,400 $3,671,000 4.25%
TD Bank Queens NY 2009 3,700 $8,875,000 4.50%
TD Bank Queens NY 2009 3,700 $8,875,000 4.50%
Sheetz Manassas VA 2015 6,489 $4,900,000 4.49%
ClosingsCityStateYearSq FtPriceCap
SunTrust Sebastian FL 2004 3,499 $1,400,000 5.99%

Convenience Stores

ListingsCityStateYearSq FtPriceCap
Sheetz Manassas VA 2015 6,489 $4,900,000 4.49%

Discount Stores

ListingsCityStateYearSq FtPriceCap
Dollar General Hazen AR 1999 8,625 $692,850 7.00%
Dollar General Cantonment FL 2021 9,100 $2,474,000 5.00%
Dollar General Richland GA 2016 10,640 $1,632,000 5.80%
Dollar General Swayzee IN 2021 9,100 $1,593,500 5.50%
Dollar General Pineville LA 2005 9,014 $661,670 7.90%
Dollar General Gallup NM 2021 9,100 $1,841,113 5.75%
ClosingsCityStateYearSq FtPriceCap
Dollar General Oliver Springs TN 2014 12,480 $2,164,000 6.10%

Drug Stores

ListingsCityStateYearSq FtPriceCap
CVS Chester VA 2008 13,225 $6,400,000 4.65%
Trulieve Palm Beach Gardens FL 2000 5,200 $3,900,000 6.00%
Walgreens Battle Creek MI 2014 14,550 $6,054,000 5.60%
Walgreens Lexington MN 1994 13,500 $3,259,125 6.40%
Walgreens Memphis TN 2000 15,120 $4,148,000 6.75%
ClosingsCityStateYearSq FtPriceCap
Walgreens Henderson NV 2002 14,992 $7,050,000 6.50%

Grocery Stores

ListingsCityStateYearSq FtPriceCap
Walmart Supercenter Steubenville OH 2002 209,621 $14,555,000 4.67%
ClosingsCityStateYearSq FtPriceCap
ALDI Mechanicsburg PA 2020 21,998 $5,555,556 4.50%

Restaurants

ListingsCityStateYearSq FtPriceCap
Buffalo Wild Wings Benton AR 2016 5,663 $3,062,000 6.15%
Burger King Ashland KY 1997 2,943 $2,495,000 4.98%
Chipotle Wichita KS 2021 2,325 $2,997,000 4.50%
Church's Chicken Scottsdale AZ 1976 1,156 $835,000 7.26%
Five Guys Uniontown PA 2015 2,400 $1,430,000 6.00%
Hardee's Columbia TN 2012 3,512 $2,286,328 5.00%
Hardee's Morristown TN 2013 2,606 $2,816,020 5.00%
Krispy Kreme Indianapolis IN 2021 4,800 $2,777,777 4.50%
Krystal Statesboro GA 2007 2,248 $1,953,000 5.25%
Olive Garden Fairfax VA 1993 9,088 $6,393,897 4.65%
Sonic Drive-In Fairhope AL 1994 1,440 $2,294,340 6.00%
Texas Roadhouse Tomball TX 2011 6,995 $1,784,000 4.75%
Twin Peaks Grand Prairie TX 2021 6,634 $4,545,455 5.50%
Wendy's Enfield CT 1990 2,280 $3,092,784 4.85%
Wendy's Louisville KY N/A 3,340 $2,159,689 5.15%
ClosingsCityStateYearSq FtPriceCap
Cheddar's Scratch Kitchen San Marcos TX 2021 7,483 $3,243,243 5.55%
Cracker Barrel Indianapolis IN 2006 10,000 $1,675,000 9.94%
Habit Burger Grill Phoenix AZ 1973 N/A $2,200,000 5.25%
McDonald's Orlando FL 2000 2,913 $900,000 3.50%