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Acquired Properties (Tables)
3 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Retail Properties Acquired The following table reflects the retail properties acquired during the three months ended March 31, 2026:
Month AcquiredPropertyMarketSquare FeetGross
Acquisition Price
Feb-26Marketplace at Hudson StationPhoenix, AZ60 $31,250 
Feb-26Nashville WestNashville, TN324 88,000 
Mar-26The Centre on Hugh Howell - Outparcel (a)Atlanta, GA3,731 
391 $122,981 
(a)The Company acquired a single-tenant outparcel adjacent to this retail property. The assets, liabilities, and operations of the outparcel acquired are combined for presentation purposes with the retail property already owned by the Company.
The following table presents the Company's purchase price allocations of retail properties acquired, accounted for as asset acquisitions, during the three months ended March 31, 2026:
2026 Acquisitions
AmountWeighted Average
Useful Life (in Years)
Land$17,597 N/A
Building, roofs, and site improvements93,167 28.4
In-place lease intangibles19,792 7.0
Above-market lease intangibles569 10.2
Below-market lease intangibles(8,155)11.5
Net assets acquired122,970 
Capitalized acquisition costs(739)
Closing credits750 
Gross acquisition price$122,981