Mar
24

Net Lease Deals Become a Bright Spot in a Slow Sales Market

By
– Retail Traffic

Stan Johnson Co. sold the above CVS, in Texas, last month, for approximately $2.26 million. Average transaction prices have been trending up recently, from $1 million and $1.5 million deals to $4 million and $5 million.

While total investment sales activity in the retail real estate sector remains slow, single-tenant net lease deals are picking up steam, according to industry insiders.

The lower price tags associated with single-tenant properties have translated into greater demand from investors. Meanwhile, the easier risk assessments inherent in deals involving single tenants with long-term leases make net lease acquisitions seem like a safer bet to lenders.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://retailtrafficmag.com/news/net_lease_bright_spot_03232010/
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