The years following the Great Financial Crisis saw a dramatic increase in STNL property investment. Spurred by the pandemic, these essential properties continue to experience a heightened demand from investors seeking stabilized, cash-flowing, and low maintenance assets. While sellers enjoy strong returns, buyers are facing increased competition, elevated pricing and shrinking cap rates. STNL assets that were a 6 percent cap rate 18 months ago, are at least 100 basis points less now in many cases.