chi-net lease photo Cap rates for these properties increased by 25 bps to 6.75% from the fourth quarter of 2016 to the fourth quarter of 2017

CHICAGO—The long-term slide of cap rates for single tenant net lease properties began to reverse within the past year or so, and that’s especially true of the big box sector. Cap rates for these properties increased by 25 bps to 6.75% from the fourth quarter of 2016 to the fourth quarter of 2017, according to a new report from the Boulder Group, a net lease firm in suburban Chicago.