Observations from the 2014 ICSC in Las Vegas.

It was clear at least years ICSC that net lease properties had become an industry in and of itself. A large portion of the ICSC RECON attendees focused heavily on them. With demand for net leases only increasing since, it is likely they will play an important part at this years conference.  …

Wawa convenient store gas stations are one of the hottest sought after triple net lease investment properties in the market today.

The Midwest market as a whole, with the exception of Chicago, is still considered a tertiary market.

A tenant's credit is vital when calculating the value of a net lease investment.

Net lease retail cap rates continue to remain low for 2014, with the average retail cap rate dipping to 6.79% from it's 6.94% average in February.

Shell tends not to operate their actual convenience stores / gas stations; rather they prefer to sign marketing agreements with various distributors and operators across the country.

When looking at a sale-leaseback for a gas station/convenience store, what is the purchase price based on?