Corporate guaranteed NNN properties are selling at an all-time high. I expect cap rates to remain compressed until interest rates rise or a change is passed on the 1031 exchange laws. From a high level, we’ve seen cap rates for corporate guaranteed NNN assets compress by 100 basis points, a 6 cap in 2019 is a 5 cap today (Q3 2021).
How will cap rate compression affect the value of your NNN investment portfolio? Contact Michael Salafia for a portfolio valuation.