What cap rates should I expect on Fort Worth STNL?

Per the Boulder Group's Q1 2026 National Net Lease Report, national single-tenant asking cap rates averaged 6.55% for retail, 7.15% for industrial, and 7.90% for office (overall 6.80%). DFW pricing typically tracks within ~25 bps of the national average for similar credit, lease term, and rent escalations. Confirm against current comps for a specific deal.

Is STNL a good 1031 replacement?

Yes - STNL is one of the most common 1031 replacement vehicles because of clean management, predictable cash flow, and clear underwriting. Identification timelines remain the biggest constraint; start the replacement search early.

Are multi-tenant retail strips still attractive?

Yes, particularly with grocery, medtail, fitness, or daily-needs anchoring. Underwrite to in-place rents with realistic mark-to-market at rollover.

Retail & Net Lease

Fort Worth retail and single-tenant net lease.

Single-tenant net lease, multi-tenant strip, and shadow-anchored retail across Fort Worth's strongest growth corridors.

Market Snapshot

6.55%

National STNL retail asking cap rate, Q1 2026 - Boulder Group

6.80%

National overall STNL asking cap rate, Q1 2026 - Boulder Group

Daily-needs

Most resilient retail format post-2020

+124K/yr

DFW population growth driving rooftop demand - Census/FRED

Figures: Boulder Group Q1 2026 National Net Lease Market Report; U.S. Census / FRED. National averages - confirm DFW-specific comps before underwriting.

The Thesis

Why retail & stnl in Fort Worth.

Fort Worth retail follows rooftops, and the rooftops have moved north and west - Alliance, Keller, Saginaw, and the 287 / 377 corridors continue to draw national tenants tracking population growth. DFW added ~124,000 residents in the year ending July 2025 (Census/FRED).

National single-tenant retail asking cap rates averaged 6.55% in Q1 2026, with overall STNL at 6.80% - both effectively flat from Q4 2025 after twelve consecutive quarters of widening (Boulder Group Q1 2026 Net Lease Report). DFW STNL has generally been pricing in line with - and in some categories inside of - the national average given investor preference for high-growth Sun Belt locations.

Multi-tenant strip with grocery, medtail, and service tenancy continues to be the most resilient cash-flow vehicle in the sector - particularly with daily-needs anchors.

Submarkets

Where I'm active.

Alliance corridorNorth Fort Worth (377)Keller / Southlake / GrapevineWest 7th / Cultural DistrictCamp BowieSouth HulenArlington / Mansfield

How I Work

From strategy to close.

Strategy call

Goals, capital, return profile, hold horizon.

Underwriting & sourcing

Submarket data, on- and off-market opportunities, comp-driven cap-rate analysis.

Execution & close

Offers, due diligence, financing coordination, closing, and post-close advisory.

FAQ

Retail & STNL, answered.

Updated October 6, 2026

Other Asset Classes

Also exploring?

Inquire

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Sources

Where these numbers come from.

Figures: Boulder Group Q1 2026 National Net Lease Market Report; U.S. Census / FRED. National averages - confirm DFW-specific comps before underwriting.

Figures reflect the most recent public reports as of October 6, 2026. Confirm point-in-time data against the source before transacting.

Ready to move on Fort Worth retail & stnl?

Let's underwrite specific opportunities matched to your capital and timeline.

Schedule a Consultation (817) 559-1235