Business is booming in the single-tenant and net lease (STNL) space. A wave of investors, from domestic players to those abroad, are jumping on opportunities to add STNL’s to their portfolios. Investors are continually drawn into the space by stable, long-term tenants with strong cash flow. The result is that nearly 60% of all acquisition volume of the STNL space came from cross-border, institutional, or REIT capital sources. STNL assets’ lower cost of operation, consistent and reliable cash flows, and credit-worthy tenancy appeal to a wide range of investors. To combat concerns of rising interest rates, institutional investors are looking for steady and predictable cash flows with each investment they make.