Single-Tenant Net Lease Cap Rates
- May 15, 2019
This is the third straight quarter in which we have seen the 10-Year Treasury rate decrease with the spread increasing to over 4 percent for the first time since Q3 2016. The STNL cap rate decreased across two quarters for the first time since Q2 to Q3 2017. The Fed has backed off of toying with interest rates (which now approach 2016 levels) and transactions are ticking up. The ongoing nature of the robust economy promises a continued long run, but recession or not, many investors are taking flight to quality and the sure, long-term returns of net lease.