CHICAGO—After rising 22 basis points (bps) last year, single tenant net leased medical properties dropped two bps in the third quarter of 2019 to 6.45%, according to the third quarter 2019 Net Lease Medical Report from The Boulder Group.
To Jimmy Goodman, a partner in The Boulder Group, the tiny decrease in cap rates is an indicator that yields for single tenant net leased medical properties may have bottomed out.
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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.
