“Naples area commercial property capitalization rates usually reflect an expectation of equity growth higher than the national average, rental rates increasing faster than national averages, and excess capital chasing a shortage of good real estate. Consequently, for a given property type local capitalization rates are often marginally lower than the national average. National cap rates may not be directly applicable to Naples properties, but trends in national cap rates are worthy of attention.”

Read more: https://www.cpexecutive.com/post/net-lease-cap-rates-trend-lower/