Since 2003, CBRE has closed over $31 billion in single-tenant sales and is consistently ranked #1 in the industry for these transactions.
Single-tenant net lease sales are an important niche in the corporate real estate space. A single-tenant, net lease property is typically described as a free-standing office, industrial or retail building that is leased and occupied by one user or one company. Ideally, the tenant has committed to a long-term lease of 10 years or more with increasing rent over the lease term. The single-tenant occupier is responsible for paying rent plus some or all of the operating expenses of the building such as taxes, insurance premiums, repairs and utilities. Another feature of the single-tenant net lease investment is that unlike a typical real estate investment where value is determined exclusively by the real estate itself, a single-tenant net lease property’s value is determined by a combination of factors including the tenant’s credit, the length of the lease and rental escalations over the term, as well as the fundamentals of the physical building and location. Net lease properties provide a passive equity investment to the owner resulting in significant tax savings.
Advisory services, portfolio dispositions and recapitalization of these free-standing assets are a core competency included in the Corporate Capital Markets array of services. Since 2003, CBRE has closed over $32 billion in single tenant sales, and is consistently ranked #1 in the industry for these transactions.
Benefits:
> Single-tenant net lease properties maintain their value in volatile markets due to their bond-like, long-term lease and the underlying credit tenancy
> Passive income stream with minimal owner responsibilities
> Corporations using long-term leases take the real estate asset and subsequent debt off their books and place it on the investor’s
To learn more about our team of experts that specialize in this solution, please visit our Net Lease Property Group page.