CBRE Investment Management sees U.S. net lease real estate potential at $3 trillion

By Public Technologies
  • CBRE Investment Management estimates the U.S. net lease real estate market at $400 billion-$450 billion.
  • Potential market value reaches about $3 trillion, with more than $2 trillion in owner-occupied properties available for sale-leaseback conversion.
  • Net lease REITs returned 12.5% annually from 1995 to 2025, versus 11.1% for all-equity REITs, with lower volatility.
  • Average implied capitalization rates stood at 7.1% in the third quarter of 2026; tenants cover most capital expenditures.
  • Single-tenant concentration remains the largest structural risk; customized properties can require significant capital spending to attract replacement tenants.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBRE Investment Management LLC published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.

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