Commercial Real Estate C o m m e r c i a l R e a l E s t a t e

Retail property investing: focus on anchor tenants, location, lease terms. Cap rates 5.5-7.5% typical in 2026 (lower for grocery-anchored, higher for unanchored or weaker categories). NNN leases shift expenses to tenants. Strip malls (multi-tenant) vs single-tenant properties. Analyze traffic counts, demographics, competition. Different from residential: longer leases, commercial tenants, CAM charges, higher capital requirements.