Calkain: NNN Casual Dining Cap Rates Declining


Over the past two years we have seen substantial cap rate compression in the casual dining restaurant subsector. In past years, this sector was typically marked by higher cap rates than the overall net lease retail market – this trend has somewhat abated. The recession hit casual dining hard as many customers cut budgets back and dining out was an easy sacrifice. The lack of net lease product on the market along with a return of economic stability has increased this sector’s desirability. Link to REPORT HERE

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