NNN PROPERTIES

February 2022 Property Survey

Name	ST	Price	SF	$ per SF	CAP
Kid City USA	TX	$2,000,000	12,800	$156	6.00
Dollar General	TX	$2,002,900	9,100	$220	4.60
Popeyes	LA	$2,008,440	2,215	$907	5.00
Dollar General	TX	$2,008,585	10,640	$189	4.60
Dollar General	PA	$2,012,545	9,100	$221	5.50
Dollar General	MI	$2,016,495	9,100	$222	4.85
Arby's	OH	$2,030,000	3,000	$677	4.50
O'Reilly Auto Parts	OH	$2,035,000	7,225	$282	5.10
Family Dollar Tree	TX	$2,061,650	10,500	$196	5.75
Dollar General	TX	$2,063,000	10,640	$194	5.00
Dollar General	TX	$2,063,260	10,566	$195	4.75
Dollar General	TX	$2,065,000	10,640	$194	4.85
Caliber Collision	WI	$2,087,000	11,183	$187	5.75
Arby's	MN	$2,100,000	4,337	$484	4.60
Dollar General	NY	$2,110,000	9,100	$232	5.00
Taco Bell	AL	$2,112,517	2,356	$897	4.25
Jacks Family Restaurant	MS	$2,121,212	3,716	$571	4.95
Dollar General	LA	$2,136,000	9,026	$237	5.61
Dollar General	TX	$2,136,955	10,640	$201	4.60
Dollar General	AZ	$2,144,563	9,100	$236	5.25
Dollar General	TX	$2,148,245	10,542	$204	4.65
Firestone	TX	$2,160,000	7,609	$284	4.00
Family Dollar Tree	TX	$2,160,000	10,500	$206	5.25
Dutch Bros	TX	$2,175,000	2,226	$977	4.00
Whataburger	NM	$2,181,818	3,850	$567	3.85
Taco Bell	FL	$2,194,000	2,180	$1,006	3.50
Schlotzsky's	OK	$2,197,000	1,320	$1,664	6.00
Dollar General	AZ	$2,198,000	10,640	$207	5.25
CVS	SC	$2,199,000	10,195	$216	4.50
Sonic Drive-In	FL	$2,200,000	1,866	$1,179	4.25
O'Reilly Auto Parts	TX	$2,208,000	15,026	$147	5.00
Dollar General	MI	$2,209,347	10,640	$208	4.90
Popeyes	TX	$2,221,649	1,678	$1,324	3.90
Arby's	FL	$2,260,870	3,365	$672	4.60
Walgreens	AR	$2,269,000	2,501	$907	5.15
Starbucks	IA	$2,270,000	2,042	$1,112	5.00
Popeyes	GA	$2,270,000	2,200	$1,032	4.50
Fast Pace Urgent Care	MS	$2,281,461	3,600	$634	5.75
Dickey's BBQ Pit	TX	$2,286,000	2,745	$833	5.25
Burger King	GA	$2,288,500	3,388	$675	5.00
Taco Bell	TN	$2,293,105	1,516	$1,513	4.25
Chipotle	OH	$2,300,000	2,300	$1,000	4.50
Taco Bell	AL	$2,304,235	2,790	$826	4.25
Taco Bell	AL	$2,319,247	2,284	$1,015	4.25
CVS	MI	$2,321,978	10,842	$214	4.35
Popeyes	GA	$2,322,000	1,930	$1,203	4.35
Dollar General	GA	$2,322,480	7,778	$299	5.00
Starbucks	LA	$2,332,000	2,353	$991	4.75
Starbucks	MO	$2,340,000	2,100	$1,114	4.70
WellNow Urgent Care	NY	$2,343,478	3,500	$670	5.75
Dunkin' Donuts	AL	$2,355,555	3,747	$629	4.50
Sonic Drive-In	FL	$2,356,000	1,403	$1,679	5.50
Wendy's	VA	$2,370,360	3,163	$749	5.00
Sonic Drive-In	FL	$2,393,000	1,519	$1,575	5.50
Sonic Drive-In	GA	$2,397,000	1,253	$1,913	5.50
Schlotzsky's	OK	$2,399,000	2,177	$1,102	5.00
Wendy's	MI	$2,400,000	3,096	$775	4.50
Wolf Car Wash	AR	$2,400,000	4,550	$527	6.75
Dollar Tree	GA	$2,400,000	10,000	$240	5.00
Sonic Drive-In	GA	$2,420,000	1,244	$1,945	5.50
Whataburger	AL	$2,421,000	2,800	$865	4.75
Zaxby's	VA	$2,425,500	3,295	$736	5.00
O'Reilly Auto Parts	TN	$2,425,553	8,075	$300	4.25
Dollar General	TX	$2,429,000	9,122	$266	4.50
Dollar General	TX	$2,447,745	9,026	$271	4.70
Dollar General	TX	$2,449,999	10,640	$230	4.40
Z Tejas	AZ	$2,454,000	3,068	$800	5.00
Burger King	AL	$2,460,000	3,410	$721	5.05
Jiffy Lube	FL	$2,477,733	2,950	$840	4.50
Popeyes	TX	$2,478,260	2,441	$1,015	3.90
BMO Harris Bank	WI	$2,484,000	2,216	$1,121	4.25
Del Taco	CA	$2,494,000	1,872	$1,332	4.25
Andy's Frozen Custard	TX	$2,494,935	1,463	$1,705	6.20
CVS	SC	$2,495,000	8,000	$312	4.25
Starbucks	MA	$2,500,000	2,500	$1,000	4.60
Wendy's	MI	$2,500,000	3,378	$740	5.00
RejuvenX	FL	$2,500,000	6,300	$397	6.00
Gerber Collision	IL	$2,500,000	13,400	$187	4.75
Verizon	NC	$2,509,500	10,908	$230	4.75
Hardee's	TN	$2,514,960	3,740	$672	5.00
Wendy's	KY	$2,523,364	2,759	$915	5.35
Whataburger	TX	$2,526,000	2,400	$1,053	4.75
Dutch Bros	TX	$2,549,000	935	$2,726	4.00
Wendy's	OK	$2,551,326	2,590	$985	4.75
Dollar General	TX	$2,586,030	10,640	$243	4.65
Caliber Collision	WI	$2,608,000	12,380	$211	5.75
Valvoline	VA	$2,611,111	1,664	$1,569	4.50
O'Reilly Auto Parts	FL	$2,615,500	7,225	$362	4.30
Dollar General	TX	$2,619,840	10,600	$247	4.65
Sonic Drive-In	FL	$2,620,000	1,250	$2,096	5.50
Sonic Drive-In	GA	$2,634,000	1,554	$1,695	5.50
Aspen Dental	NM	$2,659,999	3,500	$760	5.00
Burger King	FL	$2,670,000	3,275	$815	4.50
Starbucks	TX	$2,699,000	2,105	$1,282	4.15
PNC Bank	PA	$2,705,000	4,014	$674	4.25
Wendy's	TN	$2,705,882	2,500	$1,082	4.25
Jack in the Box	CA	$2,736,842	2,613	$1,047	4.75
Del Taco	FL	$2,750,000	2,100	$1,310	4.00
Jack in the Box	LA	$2,750,000	2,687	$1,023	4.00
Taco Bell	GA	$2,751,741	2,300	$1,196	4.25
Burger King	WV	$2,753,000	3,511	$784	5.25
KFC	NY	$2,765,022	3,295	$839	4.50
Taco Bell	FL	$2,771,000	1,991	$1,392	5.75
O'Reilly Auto Parts	CA	$2,780,000	7,225	$385	4.75
Chipotle	TX	$2,799,726	2,337	$1,198	4.00
Dunkin' Donuts	FL	$2,802,000	2,000	$1,401	4.38
Popeyes	GA	$2,810,526	2,200	$1,278	4.75
Hardee's	TN	$2,816,020	2,606	$1,081	5.00
Sleep Number	MA	$2,842,400	4,211	$675	6.00
Sonic Drive-In	GA	$2,847,000	1,263	$2,254	5.75
O'Reilly Auto Parts	FL	$2,850,000	7,225	$394	4.06
Red Lobster	NC	$2,880,000	8,300	$347	5.00
Taco Bell	AL	$2,880,282	2,650	$1,087	4.25
CVS	TN	$2,884,000	10,125	$285	4.65
Burger King	GA	$2,891,000	3,435	$842	4.90
Arby's	DE	$2,900,000	2,855	$1,016	5.50
Hardees	IN	$2,917,200	3,450	$846	5.00
O'Reilly Auto Parts	TX	$2,936,000	7,225	$406	5.00
Panera Bread	PA	$2,944,000	3,956	$744	4.75
Express Oil	NC	$2,950,000	4,630	$637	5.00
Cadence Academy	NJ	$2,957,000	10,000	$296	5.75
AutoZone	GA	$2,963,529	7,605	$390	4.25
7-Eleven Gas	SC	$2,992,000	4,050	$739	4.15
Wendy's	TX	$2,993,279	2,747	$1,090	4.60
Hwy 55	NC	$2,994,244	2,949	$1,015	5.75
Taco Bell	FL	$3,020,000	2,388	$1,265	4.10
Starbucks	OK	$3,024,000	2,228	$1,357	4.25
Dairy Queen	FL	$3,053,000	3,359	$909	4.75
Family Dollar	MA	$3,060,000	9,840	$311	5.50
Black Rifle Coffee	TX	$3,061,225	3,400	$900	4.90
Popeyes	NM	$3,080,000	3,347	$920	5.00
Sonic Drive-In	FL	$3,081,000	1,403	$2,196	5.75
Dollar General	OR	$3,100,000	10,640	$291	4.85
AutoZone	DE	$3,116,883	6,000	$519	3.85
Bonefish Grill	NC	$3,158,000	4,965	$636	4.75
Caliber Collision	TX	$3,200,000	18,306	$175	5.00
Starbucks	LA	$3,225,000	2,200	$1,466	4.28
Taco Bell	TN	$3,241,647	2,742	$1,182	4.25
Dollar General	FL	$3,242,667	10,640	$305	4.50
Jiffy Lube	FL	$3,246,511	3,570	$909	4.50
Raising Cane's	MN	$3,250,000	2,993	$1,086	4.50
Chipotle	MI	$3,275,300	2,400	$1,365	4.25
Chili's	IL	$3,368,421	6,054	$556	4.75
Popeyes	TX	$3,382,383	2,118	$1,597	3.90
Popeyes	TX	$3,389,932	2,431	$1,394	3.90
Kinney Drugs	NY	$3,393,270	10,965	$309	5.75
CareNow	TX	$3,400,000	5,965	$570	6.50
Chipotle	NY	$3,413,334	2,350	$1,452	3.75
Sleep Number	VA	$3,420,000	3,000	$1,140	5.00
IHOP	CA	$3,464,000	4,000	$866	4.85
Popeyes	TX	$3,466,123	2,177	$1,592	3.90
Bank of America	TX	$3,466,666	3,200	$1,083	3.75
Express Oil	SC	$3,498,565	4,658	$751	4.50
Starbucks	TX	$3,500,000	2,100	$1,667	4.00
Wendy's	NC	$3,506,540	3,120	$1,124	5.00
Taco Bell	AL	$3,508,800	2,528	$1,388	4.25
Kangaroo Express	AL	$3,520,000	2,982	$1,180	5.40
Express Oil	SC	$3,548,357	4,273	$830	4.75
Mighty Shine	WV	$3,555,556	2,500	$1,422	6.75
Dollar General	CA	$3,566,000	9,100	$392	5.00
Jiffy Lube	VA	$3,600,000	2,421	$1,487	5.00
Whataburger	AZ	$3,600,000	3,746	$961	3.75
Come Sit Stay Pet Resort	CO	$3,600,000	11,091	$325	7.00
Taco Bell	AL	$3,602,709	2,020	$1,784	4.25
7-Eleven Gas	FL	$3,613,043	3,259	$1,109	4.60
Chipotle	IL	$3,662,337	2,350	$1,558	3.85
Colbie's Southern Kissed Chicken	NJ	$3,741,876	4,456	$840	6.50
Starbucks	CA	$3,750,000	1,850	$2,027	4.00
KFC	CA	$3,755,000	2,200	$1,707	3.65
CVS	IL	$3,759,000	14,207	$265	5.75
Walgreens	TN	$3,780,000	13,905	$272	5.15
Rite Aid	MA	$3,810,000	10,045	$379	5.25
Harley Davidson	TX	$3,850,000	17,008	$226	6.70
Starbucks	FL	$3,863,500	2,500	$1,545	4.00
Mister Car Wash	TX	$3,900,000	5,217	$748	4.25
Advance Auto Parts	NC	$3,927,260	7,000	$561	5.00
Jiffy Lube	MI	$3,956,000	4,300	$920	5.50
Macayo's Mexican Food	AZ	$4,000,000	5,581	$717	5.00
Longhorn Steakhouse	GA	$4,000,000	5,694	$702	4.00
Rite Aid	PA	$4,000,000	9,111	$439	5.40
Texas Roadhouse	TX	$4,080,000	7,570	$539	3.75
Tire Kingdom	FL	$4,105,000	5,308	$773	5.25
Chipotle	TN	$4,106,667	3,729	$1,101	3.75
Sun Devil Auto	AZ	$4,130,000	5,000	$826	4.40
Panera Bread	IN	$4,223,529	4,498	$939	4.25
Starbucks	CA	$4,400,000	4,220	$1,043	3.75
Burger King	TN	$4,454,825	4,013	$1,110	4.00
Georgia Banking Company	GA	$4,500,000	3,625	$1,241	5.00
Walgreens	TN	$4,566,000	14,820	$308	5.75
Chase Bank	NJ	$4,613,333	2,730	$1,690	3.75
Native Grill	AZ	$4,622,000	5,615	$823	5.75
Olive Garden	AR	$4,667,000	7,800	$598	4.50
Cheddar's	MO	$4,667,000	8,000	$583	4.50
Buffalo Wild Wings	TX	$4,750,912	6,869	$692	6.08
Express Oil	VA	$4,777,778	4,623	$1,033	4.50
CVS	WI	$4,791,000	16,048	$299	6.00
Texas Roadhouse	FL	$4,900,000	8,392	$584	3.77