Demand for single-tenant net leased retail properties is at an all-time high making competition for these properties fierce. Investors in these properties value the passive income stream and the tendency of these properties to maintain their value in shifting markets. While buyers must stay ahead of the competition to procure the properties of their choice, sellers must focus on obtaining the best possible terms for their properties.
The SRS National Net Lease Group leverages SRS' brokerage professionals across the U.S. who are primarily focused on retailer representation and institutional retail landlord representation. Our emphasis on teamwork and collective intelligence between capital markets and these landlord and tenant services, with a singular focus on retail, uniquely positions our firm against all others, by allowing us to deliver a greater level or depth and understanding of any retail submarket. We understand not only the dynamics of the urban and suburban retail markets and premier streets, but also how, where and why a retailer succeeds or fails, and the economics associated with those outcomes.
The NNLG is the exclusive net lease capital markets platform within SRS, the largest solely retail property focused commercial real estate brokerage company in the North America. The team has more than 35 brokers and staff located throughout the country operating under a singular platform with a multi-billion dollar track record spanning 42 states. Transactions across the prior three-year period of large price point or specialized net leased properties include the $51,000,000 sale of Lifetime Fitness in Las Vegas, Nevada, the $24,000,000 sale of Home Depot in Spokane, Washington, the $21,000,000 sale of Lowe’s Home Improvement in Shippensburg, Pennsylvania, and the $19,000,000 sale of two CVS/pharmacy’s in Stanhope & Vernon, New Jersey and the sale of five L.A. Fitness locations in four separate markets valued at $49,000,000.