NNN Lease Explained
Many property owners are choosing to engage in single, larger
NNN lease commercial
rental property investments instead of a sole ownership NNN lease. This form of ownership is known as a
tenants in common investment.
NNN 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
rental property into a
NNN lease through a master lease structure where they lease the
rental property back from the property owners on a
NNN lease basis.
Compiled below are the various advantages to
tenants in common NNN lease :
1. Minimize the headaches with traditional
rental property management
2. Take advantage of several tenants in common-
NNN lease rental properties available at any given time
3. Have access to larger, institutional grade
rental properties for investment
4. Gain assistance from a licensed 1031 advisor on the exchange
5. Variable minimum investment requirements based on type & location of rental property