Industrial 10 cap rates

[Dave Nye]

I dont have any industrial experience. Why do I see several midwest industrial buildings for sale with high cap rates like 10%? They seem to already have tenants in place with long term leases, even longer than what it would take to pay off the entire loan. I see them for absolute NNN leases too! Are investors cautious that midwest industrial has no future? Or that the current tenant could be near bankruptcy?