Triple Net Lease

When it comes to diversifying your portfolio, there are many options to choose from. One popular option is called a triple net lease. A triple net lease, sometimes called an N-N-N, is a lease in which the tenant pays the ongoing operating expenses. In a triple net lease, the tenant pays property taxes, utilities, insurance, and maintenance expenses. The landlord receives a net rent for several years.

Triple net leases tend to be long-term agreements. Most triple net leases last anywhere from ten to 25 years. Over this period of time, the landlord has the right to raise the net rent to account for increases in the cost-of-living. Since this type of agreement is considered by most to be a secure real estate investment, triple net lease opportunities tend to go very quickly.

At TM 1031 Exchange we offer triple net lease opportunities to our clients through our network of developers, brokers, and investors. Many national companies offer this type of agreement because they would rather lease the property than own it. This gives national corporations control over the physical property without the hassle of capital investment.

Companies with triple net lease agreements are in every community. Large retailers like Walgreens, Radio Shack, Staples, Jiffy Lube, and Federal Express are involved in net lease agreements. If you're looking for an additional source of monthly income, or a source of retirement income, a triple net lease opportunity may be right for you. Speak with your financial advisor, and then contact us directly at 1-877-4TM-1031 to get started today.