While some types of retail property have done better than others during the pandemic era, there is one retail type that has proven to be a clear winner.
Stand-alone retail properties, also known as Triple Net Lease (NNN) properties are usually occupied by a corporate client such as a major bank, grocery store or big pharmacy. They have long been a preferred asset for investors, but now we’re seeing a significant increase in buyers searching for this type of commercial property.
The appeal for many savvy investors is the security and stability offered by the strong covenants and long, triple-net terms that usually govern the leases of these types of properties.
Read more at https://www.redevgroup.com/news-article/the-appeal-of-single-tenant-retail-properties