Industrial Sale/Leasebacks Provide Attractive, Stable, Long-Term Income

These days it’s become virtually impossible to get an attractive, conservative yield on commercial Real Estate. Cap rates have gone down and prices have gone way up. There’s one asset class, however, that’s held up comparatively well. That’s Sale/Leaseback industrial properties in secondary or terciary markets. Neil Wahlgren, COO of MAG Capital, is acquiring eight to ten properties a year with cap rates in the 7 to 8 range with long-term NNN leases.