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Single-Tenant Net Lease Retail Holds Steady in H2 2025

For single-tenant net lease (STNL) retail in the second half of 2025, Colliers reported a steady but increasingly selective environment, shaped by cautious consumer spending, tariff pressures, elevate

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Summary

For single-tenant net lease (STNL) retail in the second half of 2025, Colliers reported a steady but increasingly selective environment, shaped by cautious consumer spending, tariff pressures, elevated construction costs and tighter capital markets.

Vacancy held near 4.

3% and new supply was still constrained by high development and financing costs. Sales volume increased to $6.5...

Source