Investing in Single Tenant, Net Lease Properties
We would look like to give a reasonable definition of a Net Leased Property Investment
which may be a Single Tenant, and of course the premium with a Credit Tenant.
Typically, a Single Tenant, Net Leased property is a freestanding retail, or office building occupied solely by one user. This Single Tenant is bound by a long-term Lease of the building. The Net Lease obligates the tenant to pay the building’s real estate taxes, insurance and maintenance costs.
A Net Lease Investment Property has the lessee bound by contract to pay any expenses related to the ownership of the property, including but not limited to utility bills, building repairs, annual taxes and insurance needs. It is sometimes referred to as a closed-end lease.
Many Investors look to Single Tenant, Net Leased Investments to simplify their portfolio by buying and selling properties that require little or no landlord responsibilities. This decreases the Investors costs in owning the portfolio and increasing the likelihood of long-term, stable income.
Double net (Net-Net) NN normally means that the Tenant pays for everything except structural repair. Some examples of the Net-Net could be a Dollar General or Dollar Tree Net Lease Property. We have seen some Walgreen’s that are Net-Net (NN) but many can be found as Triple Net Leased Property.
Our favorite is the Triple Net Lease (NNN) which means that the Tenant is responsible for generally everything including structural repair. However every lease is different, and it is best to actually check any lease in the negotiation process of a purchase. Walgreen’s generally fall into this category. Some other Triple Net Lease Property Investments might have a Publix, Target, CVS, Kohl’s or Taco Bell on the site. McDonald’s Properties and many banks such as Chase, BB & T and others could be a Triple Net Lease Property.
Feel free to Contact us today to sell your existing Net Lease Properties portfolio. We have relationships with 1,000’s of commercial real estate investors interested in purchasing net lease investments. We provide tremendous marketing and exposure for your net lease properties, resulting in the highest pricing and quicker closings.
To obtain quotes on CTL financing or Non-recourse Loans and mezzanine loans or a variety of commercial real estate loan scenarios contact Loanrise.com.
List of other Retail Single Tenants that may be available as a Net Lease Property:
•AutoZone Net Lease Property
•Burger King Net Lease Property
•CVS Net Lease Property
•FedEx Net Lease Property (Federal Express Net Lease Property)
•Home Depot Net Lease Property
•Kohl’s Net Lease Property
•Kroger Net Lease Property
•Lowe’s Net Lease Property
•McDonald’s Net Lease Property
•Publix Net Lease Property
•Safeway Net Lease Property
•Staples Net Lease Property
•Target Net Lease Property
•Walgreens Net Lease Property
•Wal-Mart Net Lease Property
•Wendy’s Net Lease Property