Triple Net Lease Explained
Many property investors are choosing to engage in single, larger
triple net lease commercial
income property investments instead of a sole ownership triple net lease. This form of ownership is known as a
tenants in common investment.
Triple Net Lease-tenants in commons are particularly popular because of their predictable cash flow backed by national credit tenants. Moreover, it is common for a
tenants in common sponsor to convert a multi-tenant
income property into a
triple net lease through a master lease structure where they lease the
income property back from the property investors on a
triple net lease basis.
Compiled below are the various advantages to
tenants in common triple net lease :
1. Minimize the headaches with traditional
income property management
2. Take advantage of several tenants in common-
triple net lease income properties available at any given time
3. Have access to larger, institutional grade
income properties for investment
4. Gain assistance from a licensed 1031 advisor on the exchange
5. Variable minimum investment requirements based on type & location of income property