Triple Net Lease Explained
Tenants In Common Triple Net Lease
Many property owners, instead of going with a traditional sole
triple net lease investment property, are choosing to invest in single, larger
triple net lease commercial
investment properties with multiple property owners. Such
investment property is otherwise known as triple net lease-
tenants in common investment.
While
tenants in common investment properties are available for virtually all
investment property types, triple net lease-
tenants in common investment properties are particularly popular because of their predictable cash flow backed by national credit tenants. It is common for a
tenants in common sponsor to convert a multi-tenant
investment property into a triple net lease-
tenants in common through a master lease.
Tenants In Common-
triple net lease advantages include:
1. Freedom from the hassles of day-to-day management
2. Readily available
investment property
3. The opportunity to invest in higher-quality institutional
investment properties
4. Assistance with the entire exchange process
5. Flexible investment sizes based on
investment property type and location