Tenant Trends

As a propertty manager, I've seen buyers favor small commercial properties, particularly sigle-tenant NNN deals with cap rates around 6-7%. Mixed-use properties are less popular due to higher managment complexity. Buyers often walk away from deals with low cap rates, high vacancy ratees, or unfavorable lease terms. I've also noticed a trend towards properties with strong, creditworthy tenants and those with potential for renovation or repositioning. Cap rates vary by location, but overall, buyers are seeking stable, low-maintenance investments with upside potential.