Net Lease

The average asking rent growth for the sector was 6% last year.

It isn't just a matter of having a very strong year as the baseline. For a decade, every year has been the strong baseline.

Retail giant also will remodel 650 existing stores this year in 47 states.

Last year only only 43 leases were for at least 1 million square feet.

Open about a month, the traffic is impressive.

But potential distress is far worse — as much as $234.6 billion.

Even so, things aren't as bleak as the change from 2022 might suggest.

Walgreens does more business with singles as CVS caters to families.