Tag: Net Lease

Net Lease Report – Pharmacy Sector

Amongst the various sectors in the net lease world, the pharmacy sector continues to be a reliable and safe area for investors to put their money. Factors such as long-term leases with guarantees from rated companies and multiple options for the tenant to extend their lease all point to why investors are drawn into the pharmacy sector. Currently we have Walgreens, CVS, and Rite Aid as the three largest tenants in the sector, each with their own draw for people looking to get involved in the sector.…

Leigh ClineNet Lease Report – Pharmacy Sector

The Healthy Net Lease Asset Class


Thanks to increased demand for healthcare services, the medical net lease sector will continue to offer steady cash flow and safe returns for investors.

The medical sector is one of the quieter, more under the radar property types within the net lease world. Though not as abundant as dollar stores or ubiquitous as fast food; medical net lease properties offer investors steady cash flows, low-to-no management burden, and cap rates which beat out other similarly sized deals. Furthermore, an aging demographic shift will help ensure this asset type remains a viable investment well into the future.

Dissecting the Sector

For …

Amanda WillisThe Healthy Net Lease Asset Class

Net Lease Investors Remain Confident in Q3


Despite the specter of trade wars and a global economic slowdown, net lease investors bought in Q3 2019, showing confidence in the sector and economy. However, the US economy bears watching, especially in light of another Federal Reserve interest rate cut.

Three months later, the story is different. During the third quarter, cap rates ramped up by 16 bps, from 6.41% to 6.57%.

An increase in cap rates can mean more buyers are in the market, eager to take advantage of lower price points. This is supported by our transactional data, which posted 544 completed deals. Even in the face …

Amanda WillisNet Lease Investors Remain Confident in Q3

Tenant Profile – Wendy’s

Tenant Description

On November 15, 1969 in Columbus, OH, Dave Thomas came up with the concept of what we know today as Wendy’s fast food restaurant. From those humble beginnings, Wendy’s has grown into a fast food behemoth. Currently there are over 6,700 restaurants in operation globally, with plans for continued expansion. The Wendy’s Company, is publicly traded under “WEN” and is currently rated as B2 and B by Moody’s and S&P respectively.…

Amanda WillisTenant Profile – Wendy’s

Net Lease Report – Medical Sector

The medical sector is one of the more underrated sectors of the net lease world. That notwithstanding, it continues to quietly provide investors with solid options to grow their portfolio and secure solid returns. The medical sector is a service industry where consumers are required to see doctors and other medical professionals face-to-face, therefore creating a need for brick and mortar locations. These locations usually sign long-term leases with options.…

Amanda WillisNet Lease Report – Medical Sector

Auto Versus Bank: Two Net Lease Types, Different Sides of the Coin


Net-lease properties encompass a single investment category. However, differences between banking centers and automotive repair centers/auto supply retailers mean investors must understand industries and trends before putting their money into properties.…

Leigh ClineAuto Versus Bank: Two Net Lease Types, Different Sides of the Coin

Cap Rate Report Q3 2019

Q3 2019 Overview | Activity Shakes the Summer Doldrums

When Calkain released its second-quarter Cap Rate Report, we were deep in the summer doldrums, and activity—and cap rate movement—reflected the quiet. Summer’s gone now and, despite a slight tapping of the brakes—with thoughts of presidential elections and trade wars dancing in our heads—the investment market has shaken its lethargy.…

Leigh ClineCap Rate Report Q3 2019

Tenant Profile – Ruby Tuesday

Tenant Description

From humble beginnings in 1972 in Knoxville, TN, Ruby Tuesday has grown into one of the premier casual dining chains not just in the United States, but around the world. Currently operating over 500 locations with over 32,000 employees, we can see how far this restaurant has come. In 2017, the chain went private after being acquired by NRD Capital Management, based out of Atlanta, GA.…

Amanda WillisTenant Profile – Ruby Tuesday