National asking cap rates in the single-tenant bank ground leasesector increased to 5.47% in Q1, according to the Q12020 Net LeaseMarket Report from The Boulder Group. That was a 17-basis pointyear-over-year increase.
In many ways, the bank ground lease sector is a tale of twomarkets. In Q1, much of the supply of bank ground leases came fromolder buildings with less than ten years remaining, which pushedcap rates higher overall.
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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.
