Triple Net Lease Explained
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Difficulty Finding NNN Property? Consider NNN Tenant in Common.
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An alternative to sole ownership is an investment in a single, large triple net lease commercial rental property along with other part-property owners. The benefit of this type of investment is that all property owners are not limited partners, but rather individual property owners in the rental property. This form of ownership is known as tenants in common.
While tenants in commons are available for virtually all types of rental property, triple net lease-tenants in commons offer predictable cash flow.
Advantages of tenants in common-triple net lease rental properties include:
1. Zero management headaches
2. Steady supply of tenants in common-triple net lease rental properties available for investment at any given time
3. Invest in larger, higher-quality institutional rental properties
4. Work with a licensed 1031 real estate advisor throughout the process
5. Variable minimum investment requirements
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