ATLANTA—Cap rates in the first quarter of 2015 for the single tenant net lease retail sector reached a new historic low of 6.40%. After holding steady for three straight quarters, cap rates for net lease retail properties declined by 10 basis points. That's according to The Boulder Group's latest report.
GlobeSt.com caught up with Jereme Snyder, executive vice president of Retail Services at Colliers International, to get his thoughts on the net leased market. In part one of this exclusive interview, he shares how the market has changed year-over-year, inventory concerns, and investor appetites for secondary, tertiary, class B and class C markets.
GlobeSt.com: How has the net lease market changed year-over-year?
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