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Cap rates for single tenant big box retail properties declinedby 4 basis points in the fourth quarter to 7 percent, according toThe Boulder Group in its Q4 2019 Net Lease Big Box Report.
"Overall, there was nominal compression year over year," saysJohn Feeney, senior vice president for The Boulder Group. "This wasprimarily attributed to a decrease in cap rates across the entirenet lease retail sector. Additionally, the 10-year treasury yieldwas down significantly over the same time period, which improvedborrowing costs of buyers of this asset type."
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
