A net lease is a type of commercial property lease. In a net lease, the lessee agrees to pay expenses for the property that are typically paid by the owner. These expenses can include everything from utilities and repairs to taxes and insurance fees. Net leases are often referred to as closed-end leases.
A net lease offers significant benefit to the landlord. The expenses related to maintaining a commercial property can be quite high, and this type of agreement allows the landlord to avoid them. In some cases, a tenant may strike a bargain with a landlord to put a cap or limit on the amount the tenant has to pay. For example, a clause can be included in the agreement that specifies that the landlord will pay expenses in excess of a certain amount.
Net lease properties are often sought by those interested in 1031 exchanges. At TM 1031 Exchange, we help buyers locate and purchase net lease properties. We maintain a database of nationwide properties, making it easy for investors to learn about available net lease properties and compare them by size, location, price, and other details.
Many of the properties in our database are unavailable on the open market. Often, these properties are being offered directly by a principal or are considered "pocket listings." A pocket listing is a property that isn't advertised by conventional methods and isn't listed on multiple listing systems (MLS).
The TM 1031 Exchange offers investors an easy and quick way to gain access to properties that would normally be difficult to find. Having this information readily available can give investors a distinct advantage in finding properties that fit well with their objectives. Contact us at TM 1031 for more information about net lease properties and our services. Please call us toll-free at 1-877-4TM-1031 or contact us via e-mail at email@example.com