There were four qualifying retail property sales in the second quarter of 2012, according to Reis Transaction Analytics. These sales totaled $16.9 million with a mean price of $67 psf. The mean cap rate for the four sales was 5.3% and the 12 month rolling cap rate was 4.6%, down from the 5.9% rate recorded in the first quarter. The lead sale was in the city of Moraine, where a Walmart with a Murphy USA Gas Station sold for $7.7 million ($37 psf.) The sale took place in May. The property was listed as fully occupied at sale.