Risk = Reward in most instances. As mentioned here, there are 10% yields available. As an example you can purchase a $2.8 million industrial holding in Hallam on a 9% yield but should the tenant vacate there would be a likely vacancy of 6-12 months (sometimes even longer). So it is not only the yield you have to look at, but you also need to understand WHY a property may be returning a particular yield.
Offices are typically more secure than industrial with lower vacancy periods, therefore sharper yield in the 6-7% region may be expected (depending upon price bracket though).
It is very hard to generalise ‘commercial property’ as there are a variety of sub-markets each with their own drivers.
