How the Rising Product Type Found its Place
As an essential business with premium real estate qualities, convenience stores (c-stores) continually maintain strong investor demand and continue to be one of the best performers in net lease retail. Investors are drawn to this product type due to its characteristics, including high traffic locations, superior retail positioning, resistance to e-commerce, and adaptability. C-stores continue to see investor demand in the marketplace. The new c-store model encompasses modern upgrades and innovations, having adapted to customers’ needs. As a result, c-stores witnessed record in-store sales of $255.6 billion in 2020, proving its stability during a disruptive year.