Investor demand for the asset class continues strong, with fourth-quarter, single-tenant net lease cap rates being the lowest experienced in 2017, notes The Boulder Group President Randy Blankstein.
Cap rates in the fourth quarter of 2017 for the single-tenant net lease retail sector reached a new historic low rate of 6.07 percent. During the same time period, cap rates for the office sector increased by 2 basis points to 7.00 percent and cap rates for the industrial sector decreased by 2 basis points to 7.25 percent. Cap rates in the fourth quarter of 2017 represented the lowest point of the year for all three sectors.
More info at Commercial Property Executive:
Net Lease to Remain Active in 2018
