Triple Net Lease Explained
Tenant In Common Triple Net Lease
An increasing popular alternative to sole ownership
triple net lease is an investment in a single large
triple net lease commercial
investment property by multiple property investors, not as limited partners or as an entity, but as individual property investors. This form of ownership is known as fractional ownership or tenant in common.
While
tenant in common investment properties are available for virtually all
investment property types, triple net lease-
tenant in common are particularly popular because of their predictable cash flow backed by national credit tenants. Triple Net Lease-
tenant in common investment properties can be either single tenant
triple net lease or multi-tenant
triple net lease investment properties. Additionally, it is common for a
tenant in common Sponsor to convert a multi-tenant
investment property into a
triple net lease through a master lease structure where they lease the
investment property back from the property investors on a
triple net lease basis.
Consider the benefits of any
tenant in common triple net lease :
1. Freedom from management headaches
2. Readily available
investment property
3. Have access to larger institutional grade
investment properties for investment
4. Pick and choose from a plethora of licensed 1031
tenant in common broker to help facilitate your exchange
5. Variable minimum investments on each investment property