{"id":1004802524,"date":"2026-06-29T01:05:00","date_gmt":"2026-06-29T09:05:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004802524"},"modified":"2026-06-22T01:40:17","modified_gmt":"2026-06-22T09:40:17","slug":"single-tenant-net-lease-sales-volume-cap-rates","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/","title":{"rendered":"2026 Single-Tenant Net Lease Sales Volume &amp; Cap Rates"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a425e7a3f120&quot;}\" data-wp-interactive=\"core\/image\" class=\"aligncenter size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"279\" data-attachment-id=\"1004802525\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/0726_cpe_invest_single\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single.jpg\" data-orig-size=\"800,279\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"0726_CPE_Invest_Single\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single.jpg?w=800\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single.jpg\" alt=\"A chart of single-tenant net lease sales volumes and cap rates from 2016 through 2026\" class=\"wp-image-1004802525\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single.jpg?resize=300,105 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single.jpg?resize=768,268 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Source: Northmarq, Real Capital Analytics<br><\/figcaption><\/figure><\/div>\n\n\n<p>Single-tenant investment sales totaled nearly $12.9 billion in the first quarter of 2026. Activity slowed 24.1 percent from the previous quarter, but increased 0.9 percent from the same period last year.<\/p>\n\n\n\n<p>Industrial transactions totaled $7.7 billion in volume, continuing to represent the largest share of activity at 59.9 percent, increasing from 48.6 precent one year ago. Retail transactions followed at $2.7 billion, or 20.9 precent of total deal volume, down from 27.2 percent last year. <a href=\"https:\/\/www.commercialsearch.com\/news\/commercial-real-estate-transactions\/\">Office transactions<\/a> accounted for $2.5 billion, or 19.2 percent, a slight decline from 24.2 percent one year earlier.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/fed-holds-rates-again-as-warsh-steps-in\/\">Fed Holds Rates Again as Warsh Steps In<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<p>Cap rates edged lower by 3 basis points from the previous quarter to an average of 6.81 percent, consistent with averages throughout 2025. The overall average is 4 basis points higher than one year ago, with industrial properties posting the largest year-over-year decline.<\/p>\n\n\n\n<p>Private buyers accounted for 46 percent of single-tenant acquisition volume through the first quarter of 2026, down from 52 percent in 2025, followed by institutional investors at 28 percent, or about 8 percent higher than last year. REIT\/Listed activity as a share of total transaction volume edged lower by 1 percent from 2025 to 8 percent of activity. Cross-border activity increased modestly, accounting for 11 percent of first-quarter volume, but remains in line with historical trends.<\/p>\n\n\n\n<p>\u2014Posted on June 29, 2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Top trends impacting the market, according to Northmarq.<\/p>\n","protected":false},"author":3889,"featured_media":1004802526,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37765,21783,37756,23891,21742,37749],"tags":[50380],"class_list":["post-1004802524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rc-cap-rates","category-investment","category-rc-investment","category-national","category-latest","category-research-center-cpe","tag-northmarq"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2026 Single-Tenant Net Lease Sales Volume &amp; Cap Rates - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2026 Single-Tenant Net Lease Sales Volume &amp; Cap Rates\" \/>\n<meta property=\"og:description\" content=\"Top trends impacting the market, according to Northmarq.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-29T09:05:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single_feature.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"578\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"John Tagg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/\",\"name\":\"2026 Single-Tenant Net Lease Sales Volume &amp; Cap Rates - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single_feature.jpg\",\"datePublished\":\"2026-06-29T09:05:00+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/218d30bc795bff626bf81d2467e35e7c\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single_feature.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single_feature.jpg\",\"width\":800,\"height\":578,\"caption\":\"A chart of single-tenant net lease sales volumes and cap rates from 2016 through 2026\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"2026 Single-Tenant Net Lease Sales Volume &amp; Cap Rates\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/218d30bc795bff626bf81d2467e35e7c\",\"name\":\"John Tagg\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/247c0629012db031ab73956c088ba444065a7519a5bb54e1cc71718351d76778?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/247c0629012db031ab73956c088ba444065a7519a5bb54e1cc71718351d76778?s=96&d=mm&r=g\",\"caption\":\"John Tagg\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/johntagg\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"2026 Single-Tenant Net Lease Sales Volume &amp; Cap Rates - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/","og_locale":"en_US","og_type":"article","og_title":"2026 Single-Tenant Net Lease Sales Volume &amp; Cap Rates","og_description":"Top trends impacting the market, according to Northmarq.","og_url":"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2026-06-29T09:05:00+00:00","og_image":[{"width":800,"height":578,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single_feature.jpg","type":"image\/jpeg"}],"author":"John Tagg","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/","url":"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/","name":"2026 Single-Tenant Net Lease Sales Volume &amp; Cap Rates - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single_feature.jpg","datePublished":"2026-06-29T09:05:00+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/218d30bc795bff626bf81d2467e35e7c"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single_feature.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single_feature.jpg","width":800,"height":578,"caption":"A chart of single-tenant net lease sales volumes and cap rates from 2016 through 2026"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/single-tenant-net-lease-sales-volume-cap-rates\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"2026 Single-Tenant Net Lease Sales Volume &amp; Cap Rates"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/218d30bc795bff626bf81d2467e35e7c","name":"John Tagg","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/247c0629012db031ab73956c088ba444065a7519a5bb54e1cc71718351d76778?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/247c0629012db031ab73956c088ba444065a7519a5bb54e1cc71718351d76778?s=96&d=mm&r=g","caption":"John Tagg"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/johntagg\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/06\/0726_CPE_Invest_Single_feature.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004802524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3889"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004802524"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004802524\/revisions"}],"predecessor-version":[{"id":1004802583,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004802524\/revisions\/1004802583"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004802526"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004802524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004802524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004802524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}