
Tommy’s Express Car Wash
Tommy’s Express Car Wash Tommy’s Express Car Wash | www.tommys-express.com Tommy’s Express Car Wash Tenant Overview Tommy’s Express Car Wash operates as an international
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Supply of product in the single-tenant net lease sector has “skyrocketed” quarter-over-quarter, with an increase of 138.9% more properties on-market as of Q4, according to B+E Net Lease.
As of Q4, B+E tracked 3,905 properties on the market, with an average cap rate of 5.32%, consistent with last quarter but below the first half of the year. Meanwhile, interest rates clocked in at 3.08% on the first day of Q4, a significant increase from 0.08% in Q1.
The greatest uptick in supply of retail properties on market were for car washes (+106%), QSR (+61%) and convenience stores (+56%). Industrial warehouses also saw a 175% uptick in supply quarter-to-quarter.
Read the full article on Globest.com.



