Q1 2026 Net Lease Cap Rate Report

Net lease cap rates continued adjusting through Q1 2026 as investors responded to interest rate uncertainty, changing supply levels, and shifting tenant performance across retail and industrial sectors. Inventory remained relatively stable while average time on market increased, suggesting slower absorption and a more selective transaction environment.

B+E’s Q1 2026 Net Lease Cap Rate Report analyzes:

• Net lease inventory trends
• Cap rates across major sectors
• QSR, pharmacy, car wash, convenience store and industrial data
• Tenant-specific cap rate insights
• Treasury movements and economic outlook
• Retail inventory by state
• Supply and absorption trends

Download the full report for real-time market data and sector-level insights.