DALLAS—While the under $10 million price range of the net lease sector makes up less than one-third of single-tenant net lease investment volume by dollar, it constitutes the largest number of deals by count. In fact, more than 70% of single-tenant net lease transactions were priced less than $10 million last year, says Josh Campbell, senior vice president at Stan Johnson Company, in this exclusive.
On the retail side, which accounted for half of 2019 deals less than $10 million, there is likely to be more interest and competition for these lower priced assets in 2020 and beyond. This is because many of the tenants occupying these properties are considered Internet-resistant.
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