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The storyline remains the same for net lease properties - an excess of demand and lack of supply. As a result, cap rates continue to trade at record lows.
As one attendee put it - "Boston is on Fire"
Fresenius Medical Care usually have 15 year leases typically with increases built in.
From a real estate perspective, Chase utilizes 7 different prototypes, depending on location and available site dimensions, with the bank branches ranging from 2,585sf to 4,766 situated on 0.65 to just over 1 acre of land.
Cap rates for banks have continued to compress in lock-step with all-retail cap rates, falling another 14 basis points from the 2012 year end rate of 6.07%, breaking below the 6% threshold to 5.93%, just 3 basis points shy of the 2006 low point.
Net lease assets occupied by Advance Auto Parts fill a highly desired price range, generally trading between $1.0M - $2.0M.
Loan Prepayment Fees are a requirement of many commercial mortgages and can prove to be a deterrent to what is otherwise a perfect opportunity to refinance or sell one's property.
2013 has opened much the same as 2012 ended - with demand high and supply low for the net lease sector
BB&T Corporation (Branch Banking & Trust) is an American bankoffering commercial and retail banking services and a popular net lease tenant.
Reserves and Capital Expenditures (CapEx) are important issues for property owners with a so-called "NN lease".

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