Capital Automotive Ranked One of America's 100 Fastest-Growing Publicly Held Small Companies by FSB: FORTUNE Small Business Magazine

MCLEAN, Va., July 11 -- Capital Automotive REIT , the nation's leading specialty finance company for automotive retail real estate today announced that it was selected as one of America's 100 Fastest-Growing Small Companies by FSB: FORTUNE Small Business magazine. FSB, in conjunction with Zachs Investment Research, evaluated public companies with annual sales of less than $200 million. Companies were ranked based on three criteria: earnings growth, revenue growth, and total shareholder return including dividends, for the past three years. Capital Automotive was one of only 23 companies to make a repeat appearance on the list.

Commenting on today's news, Thomas D. Eckert, President and Chief Executive Officer, stated, "Being named to this list for the second straight year is another example of the strength of our business. Our unique niche combines strong tenants and high-quality retail real estate allowing us to produce stable and growing cash flow. We are pleased to have provided our shareholders with a compounded annual total return of nearly 22% for the past five years."

About Capital Automotive

Capital Automotive, headquartered in McLean, Virginia, is a self- administered, self-managed real estate investment trust that acquires real property and improvements used by operators of multi-site, multi-franchised automotive dealerships and related businesses. Additional information on Capital Automotive is available on the Company's Web site at http://www.capitalautomotive.com/.

  Contact Information
   David S. Kay
   Senior Vice President and Chief Financial Officer
   Capital Automotive REIT
   703.394.1302