Marcus & Millichap

Net-Leased Retail Research Report

National Report, First Half 2019

Access Full Report Subscribe

Changing Strategies Puts Buyers and Sellers in Sync; Steady Yields Luring Capital from a Variety of Sources

Investment activity climbs as sellers meet market realities. Growing demand for single-tenant, net-leased retail assets has propelled the sector to a strong start in 2019. With sellers bringing down pricing to market and buyers implementing more aggressive investment strategies, the gap is beginning to close. Additional demand is underpinned by moderating economic growth, encouraging some investors to use single-tenant assets as a defense play. Though supply is beginning to ebb, most investors are still finding quality options, particularly among older, legacy properties as new construction remains tempered. Buyers will continue to take advantage of high-debt availability to secure these assets, attracting an array of lenders for properties with good locations, favorable lease terms and high-credit tenants.

Access Full Report Subscribe