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The convenience industry is a complex and fascinating retail channel that has responded to the economic challenges of the last decade by embracing new ideas. The second edition of Convenience Stores and Retail Fuel Properties: Essential Appraisal Issues will help appraisers of convenience stores keep up with these changes and understand how to value convenience properties.

This new edition demonstrates market analysis using statistical data and information on important recent developments in the convenience industry, such as:

• reduced fuel profits
• competition from hypermarkets
• an increased focus on food service

Newly added chapters discuss:

• the fundamentals of economic theory as applied to convenience retail real estate
• eminent domain issues
• highest and best use essentials for convenience store sites

As an added bonus, the book presents a prototype of a working commercial property automated valuation model. Links to helpful online digital content, including interviews with experts and practical field examples, are also provided to illustrate the concepts discussed.

The old rules for appraising convenience stores simply do not apply today. Order this text and learn the new market realities.