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Agree Development, an affiliate of Agree Realty Corp., has acquired a 10-property, single-tenant net lease retail portfolio for $75.9 million. The properties are located across five states: Colorado, Illinois, Nevada, Texas and Wisconsin.

Kidder Mathews brokered the transaction and represented the undisclosed seller, a private investor who made their mark developing multifamily projects in Beverly Hills, Calif.

Totaling 322,304 square feet, the retail portfolio comprises five Albertsons-guaranteed grocery stores, four auto service centers and a Dutch Bros Coffee. The former five include three Jewel-Osco locations, one Safeway and one Tom Thumb. The auto service centers feature one AAA ground lease, one Firestone, one Sun Auto and one Jiffy Lube.