NNN CAR WASH MARKET: MID-YEAR RECAP AND YEAR-END OUTLOOK 2023 In the first half of 2023, the triple net lease (NNN) car wash market faced headwinds as inventory remained high, debt remained challenging, and buyers became more selective. Average closing cap rates for completed deals and average asking cap rates for marketed deals have risen […]
Panelists Describe the Impact Rising Interest Rates Have Had on CRE OLYMPIC VALLEY, CA—The commercial real estate market is an evolving landscape, shaped by economic factors, market trends, and investor sentiment. One crucial element that has been on the minds of industry players in recent months is the rising interest rate environment. At the recent […]
Industrial Sale Leasebacks: 2023 Market Outlook Industrial owners and tenants take advantage of sale leasebacks amid challenging financing climate.In an environment where accessing financing is a lot more difficult – and expensive – than it was a year ago, industrial property owners are recognizing the advantages of unlocking capital tied up in their real estate.Lender […]
Investors Are Writing Off Your Car Wash – Tax Motivated Buyers Turning The Net Lease Car Wash Market Red Hot
Articles
02/14/2023If your local car wash changed ownership before the end of 2022, it wasn’t an isolated situation.Net lease car wash transactions, at an average of $4.5 million each, contributed to an estimated $100 million in sales in the last four weeks of the year. While there are specific reasons for the rush at the end […]
B+E Talks With WBS Equities’ Wendy Berger on How to Build a Career in Net Lease Wendy Berger, CEO and co-founder of WBS Equities, LLC, a Chicago-based development company servicing the food industry, jokes that she stands on the side of the road holding a saying “will do real estate for food”. Jokes aside, she […]
Triple Net Car Wash Sales Remain Robust as Inventory Grows The triple-net lease (NNN) car wash real estate market continued to mature and expand in 2022, with more than 245 leased properties changing hands for a gross market value of more than $1 billion, according to CoStar data and B+E research. The average sale price […]
Fitness Assets Continued To Draw Investors In Q4 Fitness assets are expected to continue to draw strong investor demand in the net lease space as consumers continue to prioritize wellness in the wake of the COVID-19 pandemic, according to a new analysis from B+E Net Lease. “Fitness clubs typically trade at higher cap rates than […]
Industrial Net Lease Will Continue Its Hot Streak Investment activity and cap rates in the industrial net lease sector “appear to be holding up well” despite rising costs of capital, and experts predict activity to continue apace through the end of the year as sellers bring more inventory to market. Analysts at B+E Net Lease […]
B+E’s Q4 report shows a shift in the balance of buying power Single-tenant net lease inventory listings have surged by close to 140% in recent weeks, as sellers rush into the market to try to lock in pricing before a recession sets in, B+E Net Lease reported in a Q4 report issued on the opening […]
