Hardee’s hardees.com 21Number on Market $1.5MAverage Price 11.2Average Remaining Term (Years) 6.41% Average Cap Rate Hardee’s Tenant Overview Hardee’s, founded in 1960 by Wilber Hardee and later acquired by CKE Restaurants Holdings Inc. in 1997, is a prominent quick service restaurant chain with a strong presence throughout the Southeastern and Midwestern United States. The brand […]
Express Oil Change expressoil.com 4Number on Market $2.6MAverage Price 15.6Average Remaining Term (Years) 5.90% Average Cap Rate Express Oil Change Tenant Overview Express Oil Change has gained widespread recognition for its signature 10-minute oil change, providing customers with quick and efficient service without having to step out of their cars. While oil changes are its […]
Golden Chick goldenchick.com 4Number on Market $2.3MAverage Price 16.9Average Remaining Term (Years) 5.95% Average Cap Rate Golden Chick Tenant Overview Golden Chick is a prominent American fast food chain that has been serving delicious chicken dishes since its inception in 1967. With a strong presence in the southern United States, the company has earned a […]
Tsunami Express Car Wash https://www.superstarcarwashaz.com/ Tsunami Express Car Wash Tenant Overview Tsunami Express Car Wash is a fast-growing express car wash company focused on delivering quick, high-quality vehicle cleaning through advanced automated tunnel systems. Founded in 2017, the brand emphasizes convenience, offering washes that take just minutes while still providing premium treatments like ceramic coatings, […]
Schedule a meeting: B+E will be attending the 2026 ICSC Convention in Vegas May 18-20. Contact us to set up a meeting to discuss the state of the net lease market and B+E’s upcoming tech innovations. B+E Insights
Super Star Car Wash https://www.superstarcarwashaz.com/ Super Star Car Wash Tenant Overview Super Star Car Wash is a family-owned company founded in 1993 in Chandler, Arizona, that provides express and full-service car wash services using modern equipment and high-quality cleaning products. The company has grown significantly and now operates more than 100 locations across Arizona, California, […]
NNN car wash inventory declined to 200 on-market properties in January 2026, down 40 listings month-over-month. Cap rates remained stable, pricing held firm, and average lease term continues to support long-duration income positioning for net lease investors. Download the January 2026 NNN Car Wash Report By the Numbers — January 2026 Metric January December MTM […]
Walgreens at 7.81% | CVS at 6.79% The pharmacy net lease sector ended 2025 with a familiar structure — and one meaningful shift.Walgreens average cap rate: 7.81%CVS average cap rate: 6.79%CVS has historically traded at a premium to Walgreens. That relationship continued in 2025.What changed was the expansion of Walgreens cap rates over the course […]
Convenience Store Cap Rates 2025: Year‑End Market Report & Investment Trends
B+E Research and Insights
02/18/2026The convenience store sector closed 2025 with rising inventory, modest cap‑rate expansion and renewed investor momentum following the reinstatement of permanent 100% bonus depreciation. Available inventory increased 27% since July, climbing from 302 to 384 properties by year‑end, while average cap rates edged up 5 basis points to 5.62%. Compared to year‑end 2024, inventory rose […]
