Net Lease Report

net lease m&m listings/closings · week of September 24, 2021

Retail Report
Net Lease Report

Auto Parts Stores

ListingsCityStateYearSq FtPriceCap
Advance Auto Parts Fort Payne AL 1994 7,030 $766,423 6.85%
Advance Auto Parts Saginaw MI 2000 10,880 $1,560,000 7.25%
Take 5 Broken Arrow OK 2020 3,026 $1,578,947 4.75%
Tires Plus Lakeville MN 2020 6,262 $4,068,844 5.00%
ClosingsCityStateYearSq FtPriceCap
Caliber Collision Normal IL 1994 11,200 $2,066,738 5.60%

Banks

ListingsCityStateYearSq FtPriceCap
Bank of America Cincinnati OH 2005 3,000 $2,000,000 5.25%
Chase Bank San Antonio TX 2008 4,178 $3,828,000 4.74%
Citizens Bank Warren MI 1979 4,636 $1,105,000 10.34%
M&T Bank Dundalk MD 1977 2,400 $2,000,000 5.75%

Convenience Stores

ListingsCityStateYearSq FtPriceCap
GetGo Mentor OH 2021 2,490 $3,650,000 4.52%
ClosingsCityStateYearSq FtPriceCap
QuikTrip Tempe AZ 2011 5,600 $5,622,678 5.75%

Discount Stores

ListingsCityStateYearSq FtPriceCap
Dollar General Century FL 2021 9,100 $1,830,524 5.15%
Dollar General Hiawassee GA 1971 8,880 $750,000 7.04%
Dollar General Lookout Mountain GA 2022 10,566 $1,819,000 5.25%
Dollar General Tarkio MO 2005 9,014 $720,000 7.50%
Dollar General Grafton OH 2016 9,026 $1,698,600 5.75%
Dollar General Cache OK 2003 8,125 $531,429 7.00%
Dollar General Tioga PA 2003 8,125 $600,000 7.50%
Family Dollar Arizona City AZ 2019 8,320 $1,489,600 6.25%
ClosingsCityStateYearSq FtPriceCap
Dollar General Fitzgerald GA 2021 9,100 $1,756,000 N/A
Dollar General Reidsville NC 2021 9,100 $2,014,000 N/A
Dollar General Salisbury NC 2021 9,100 $1,950,000 5.63%

Drug Stores

ListingsCityStateYearSq FtPriceCap
CVS Whitehall OH 1996 12,608 $6,006,000 4.50%
CVS San Antonio TX 2008 13,205 $8,265,044 5.13%
Rite Aid McKees Rocks PA 2015 11,186 $7,863,790 5.65%
Walgreens Venice FL 2009 14,820 $12,574,000 4.80%
ClosingsCityStateYearSq FtPriceCap
Walgreens Lake Station IN 2002 14,490 $5,784,313 5.10%

Restaurants

ListingsCityStateYearSq FtPriceCap
Burger King Marion AK 2008 2,860 $1,343,000 6.00%
Burger King Lawton OK 2021 3,605 $2,526,316 4.75%
Dickey's Barbecue Pit Grand Prairie TX 1971 2,300 $794,000 6.50%
Hooters Orland Park IL 1980 8,624 $5,142,857 5.25%
KFC Rockaway NJ 1984 2,214 $1,875,691 4.85%
Starbucks Marietta GA 2008 20,081 $2,223,000 5.00%
Starbucks Rochester IN 2021 2,225 $2,240,000 5.00%
ClosingsCityStateYearSq FtPriceCap
Huckleberry's Concord Concord CA 1976 5,329 $2,800,000 5.14%
Starbucks Circleville OH 2021 2,300 $2,100,000 5.42%