Single tenant net lease Retailization of healthcare continues with delivery going into convenient locations (credit: Online Marketing).

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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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.