Triple Net Properties

Typical triple net properties include retail stores, service centers, and industrial and government buildings. If you're looking for a commercial grade real estate opportunity, a triple net lease may be right for you. With a long-term rental agreement like a triple net lease, there is more stability, diminished financial impact due to depreciation, and significantly less management stress.

With a triple net lease, the lessee agrees to pay a base rent, as well as fees associated with taxes, insurance and maintenance of the building. In exchange, the owner offers the tenant a long-term lease agreement. Usually the lease terms run anywhere from 15 to 25 years, but there are always exceptions.

One of the reasons to invest in a triple net lease property for sale is to offset increases in property taxes. Rather than paying this fee yourself, you pass increased property tax fees onto the tenant. Another advantage of a triple net lease is no out of pocket costs for insurance premiums. The tenant pays these fees; however, it's important to check policies held by the tenant to make sure coverage of your property is complete. During the negotiation process, you need to set the terms regarding insurance premiums and coverage requirements.

At TM 1031, we work hard to find you the best possible real estate investment on the market today. Many of our clients are looking for replacement real estate, and we provide them with connections to the top brokers for a variety of different ownership arrangements. We take into account the risk in investments, and we weigh those risks against the payoff or return on your investment. If you're ready to reinvest your savings into a secure real estate investment, check out our website at www.tm1031exchange today.