Capital Automotive to Web Cast Presentation at 2005 NAREIT Institutional Investor Forum

MCLEAN, Va., June 3 -- Capital Automotive REIT , the nation's leading specialty finance company for automotive retail real estate, announced today that its Senior Vice President, CFO and Treasurer, David Kay, will make a web cast company presentation at the 2005 NAREIT Institutional Investor Forum in New York City on Thursday, June 9, 2005 at 2:25 p.m. EDT.

The presentation will be held in the Duke of Windsor room at the Waldorf Astoria hotel in New York City. A listen-only link will be available on the Investor Relations section of Capital Automotive's website at http://www.capitalautomotive.com/ under Calendar of Events. Following the presentation, the link will provide a replay of the presentation and will be available for the next 30 days.

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 Website at http://www.capitalautomotive.com/.

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