Dollar stores with single tenant net leases in the United States had an average cap rate of **** percent as of the fourth quarter of 2024. That made them the property type with the second-highest cap rate. Conversely, convenience stores had a cap rate of *** percent, the lowest among the property types observed.
Triple net leases (NNN) are single tenant leases, where in addition to rent and utilities, the tenant is responsible for the additional property expenses, including taxes, insurance, and maintenance. These leases are common for office, retail, industrial, and logistics properties.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆÆ½â°æ can support your business.
Avison Young. (February 26, 2025). Average cap rate of commercial real estate in the United States in 4th quarter 2024, by property type [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 19, 2026, from /statistics/1499721/commercial-property-cap-rate-by-type/
Avison Young. "Average cap rate of commercial real estate in the United States in 4th quarter 2024, by property type." Chart. February 26, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 19, 2026. /statistics/1499721/commercial-property-cap-rate-by-type/
Avison Young. (2025). Average cap rate of commercial real estate in the United States in 4th quarter 2024, by property type. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 19, 2026. /statistics/1499721/commercial-property-cap-rate-by-type/
Avison Young. "Average Cap Rate of Commercial Real Estate in The United States in 4th Quarter 2024, by Property Type." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 26 Feb 2025, /statistics/1499721/commercial-property-cap-rate-by-type/
Avison Young, Average cap rate of commercial real estate in the United States in 4th quarter 2024, by property type ÌÇÐÄÆÆ½â°æ, /statistics/1499721/commercial-property-cap-rate-by-type/ (last visited July 19, 2026)
Average cap rate of commercial real estate in the United States in 4th quarter 2024, by property type [Graph], Avison Young, February 26, 2025. [Online]. Available: /statistics/1499721/commercial-property-cap-rate-by-type/