This type of single-tenant property may be just the answer for investors who are nervous about recent economic events, says Avison Young’s Jonathan Hipp.
Along with (literally) the rest of the world, we’re watching the daily news of the spread of the coronavirus, now upgraded by the World Health Organization to pandemic status. We hold to what we have said all along in terms of its impact on investment, namely, play the long game and know that this too shall pass. As devastating as the news is–and it is–the old rules of investment still apply. Just as panic won’t help …
Net-lease properties encompass a single investment category. However, differences between banking centers and automotive repair centers/auto supply retailers mean investors must understand industries and trends before putting their money into properties.…
The net lease automotive sector spans a wide group of tenants ranging from auto part stores, including Advance Auto Parts, AutoZone, and O’Reilly Auto Parts, to service centers, such as Jiffy Lube, Caliber Collision, and Firestone.…