Exterior of Dollar General store Dollar-store retailers, including Dollar General, are among the most popular single-tenant development concepts in the net lease sector.

CALABASAS, CA—The big question mark hanging over the net lease retail sector is the fate of the 1031 exchange, which could be swept away amid changes to the tax code, says Marcus & Millichap. At the moment, the uncertainty’s effect on transaction volume or pricing has been “muted,” although that could change.