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Investors Chasing Stability Drive Record Demand for Properties With Essential Big-Box Tenants

Appetite for Long-Term Leases, Creditworthy Tenants Sends Cap Rates to All-Time Lows
Cap rates for net-lease retail properties including the Walmart Neighborhood Market in Kingsport, Tennessee, have dropped dramatically as investors hunt for stability throughout the pandemic. (CoStar)
Cap rates for net-lease retail properties including the Walmart Neighborhood Market in Kingsport, Tennessee, have dropped dramatically as investors hunt for stability throughout the pandemic. (CoStar)
CoStar News
March 1, 2021 | 10:08 P.M.

The coronavirus pandemic has upended many retail real estate investors' formulas for success, but some are balancing a new equation that has driven the appetite for big-box properties anchored by so-called essential businesses to all-time highs.

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