Login

Single-Tenant, Net-Leased Property Sales Fall to 14-Year Low

High Interest Rates Crimp Property Typically Favored by Investors
The Walgreens at 1669 E. Silver Star Road in Ocoee, Florida, sold in the first quarter to Orion Real Estate Group as part of a $122 million portfolio of net-leased Walgreens locations. (CoStar)
The Walgreens at 1669 E. Silver Star Road in Ocoee, Florida, sold in the first quarter to Orion Real Estate Group as part of a $122 million portfolio of net-leased Walgreens locations. (CoStar)

Retail, industrial and office properties with single tenants who pay for taxes, insurance and everyday maintenance were a favorite of buyers just a few years ago because of their financial stability. Now the property type shows evidence of weaker demand, partly as a result of higher borrowing costs.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE