Today, many real estate investors are looking to dispose of their management intensive properties such as apartment buildings, duplexes, and office buildings, in exchange for management free properties that produce a long term, predictable income. Triple net commercial properties (also known as NNN properties), are investments where one owns commercial real estate (land and building) and leases to a tenant for a 3 to 25 year term. The tenant agrees to occupy the property, operate their business on the premises, pay rent and all the property operating expenses including

taxes, maintenance and insurance. Triple net leases typically include rent increases during the term of the lease as a hedge against inflation.

NNN properties are also a good choice for any investor that wishes to enter the commercial real estate market but limit their day to day management and maintenance requirements for those properties.

A triple-net leased property is also an excellent replacement property in completing a 1031 real estate exchange transaction. What’s a 1031 Exchange? (Click Here)

Learn the truth about commercial real estate investing (Click Here)