The McEnery Company has completed well over 100 appraisal assignments involving net leased, single tenant retail properties including both existing structures and proposed build-to-suit developments. The subject properties have been located in both rural and urban markets throughout the southeast region. Notable tenants in these assignments include Barnes & Noble, Dollar General, Family Dollar, Fred’s, CVS, Walgreen’s, Virginia College, Sherwin Williams, Kmart, Lowe’s Home Improvements, Burger King, Tractor Supply Company and other similarly positioned retailers. The scope of work in such assignments focuses on tenant credit evaluation, recent market extracted cap rates, remaining lease term analyses and Fee Simple market rent studies upon request.
