According to the Boulder Group’s Q1 Net Lease Market Report, single tenant cap rates reached a new historic low of 6.40% in the first quarter of 2015. They declined by 10 basis points after a flat three quarters. Retail assets command the lowest cap rates due to their appeal to private and 1031 investors. Industrial assets are also favored. The net lease market is expected to remain active throughout 2015, however cap rates should remain somewhat stable. Read the full report here.