World Cup, Walmart & Wall Street: What's Driving Retail in 2026?

We'll jump into some of these tenants and just kind of cruise down the market a little bit, just as a reminder for anybody that's new to listening.

But the way we kind of track these is more of the private buyer looking for longer-term leases.

So most of these are new construction, longer-term leases.

We exclude some of the shorter-term stuff from the data.

But 7-Eleven, net decrease of three properties.

So right now there's about 46 on the market.

Last month, 49.

You know, so about, you know, the inventory we're tracking is about six months worth.

I think that's a little off and probably deceiving because.

More of these are getting picked off and a lot of them are getting picked off off market as we're tracking them.

But that's what we're showing right now.

High price point, $14.4 million is a deal that's out there in Florida right now.

The high cap rate is around five and a half.

So that's come down a little bit over the last few months.

Median cap rate, five and a quarter.

median price point is just under $9 million, so like $8.99 million.

So that's a bigger number.

As we continue to see them do these large format sites, a lot of truck stops, we're seeing those construction costs go up and those numbers get a little more elevated.

Then there's a deal in California, low price point.

It's a longer-term deal, but an older site.

It's at $3.7 million.

That's kind of the low and the low cap rate also in California, four and a quarter.

And just 7-Eleven in general, as we track them financially and kind of what's going on, You know, they kind of pushed their numbers are down a little bit.

They're restructuring and moving on from some of those smaller format locations as they kind of position the bigger format stores with food and more of that is kind of their direction going forward.

which is kind of the trend in C-stores in general.