The Dallas-Fort Worth area leads the U.S. in net lease commercial real estate sales for the fiscal year ending in Q3, logging $3.2B in transactions, an increase of 6.4% from the previous year, according to CBRE.
It ranks second in the nation for the third quarter of 2020 alone, booking $670M in CRE net lease sales volume during Q3, CBRE reported.
Net lease deals involve assets with long-term leases and consistent cash flow and are defined by an expectation of tenants paying rent, taxes, insurance and maintenance, leaving minimal expenses for landlords.
While the market’s total Q3 2020 net lease investment volume plummeted 38.6% from pre-pandemic levels a year ago, DFW still remains a top spot for investors deploying capital into commercial real estate.
By: Kerri Panchuck, Bisnow Dallas – Forth Worth
Central Commercial Group 