Besides the obvious categories, there are also other net lease winners that are performing well—some of which are even seeing stronger consumer activity than pre-crisis.
Essential needs providers for net lease retail continue to be in demand for investors seeking a stable, cash-flowing, and long-term investment. As we are all aware, grocery stores, drug stores, and quick service restaurants are winners for landlords and buyers for obvious reasons—people need to eat, obtain their medications, and purchase other conveniences as offered in the drug store space.
Because these three categories are very hot, a larger than usual buyer pool has emerged for these well-performing assets when they come to market. The good news is, these are not the only favorable investments in today’s environment. There are other net lease winners that are performing well, and some are even seeing stronger consumer activity than they were pre-crisis.