Single-Tenant Net Lease Retail Report

Trading volumes in line with 2021 and 2022 reflect strong demand for the property type as well as more closely aligned expectations between investors. While multiple metrics underpin the appeal of high credit grade tenants and long-lease commitments, inflation concerns place additional value on rent escalators. Low construction volumes also support backfilling activity for vacant space in strong locations.

• Updated figures on STNL retail investment sales activity
• Breakdown of transaction volume by type of buyer
• Analysis of how tenant quality, lease term and tenant type influence trading 
• Insights into changes in the spread of cap rates and interest rates