Today, net-leased  property occupied by a single tenant which is not a national credit company is  attracting a national investor audience primarily because of:

  • The pervasive use of the Internet
  • Attractive investment yields (cap. rates) compared to core real  estate and other security investments

Industrial properties  valued under $20 million and as low as $1 million are no longer a “local” deal.

Investors view the  sale-leaseback as more attractive than a “junk bond” of equivalent yield  because they have real estate collateral supporting the investment which will  unlikely lose all of its value.