The right Net Lease Property investment can be an  investor's dream come true!  Triple net lease properties, also known as NNN lease, are commercial real estate investments with no management obligation for the owner - the tenant manages the property, is responsible for paying all property related costs, including utilities, taxes and insurance, and all repairs and maintenance.   The owner is only responsible for paying any debt service secured by the property.

In general, net lease properties have long term tenant leases (typically 15 to 25 years) and a rental rate with defined increases at specific future dates. A NNN investment can provide steady income regardless of the condition of the economy or local real estate market, without all the management hassles.

Here are some powerful reasons to acquire investment grade net-lease property for either a §1031 exchange or investment income:

  • Dependable monthly income
  • Defer capital gains through a §1031 tax deferred exchange
  • NNN leases are 100% management free
  • Monthly income from high quality national tenants such as Walgreen’s, Home Depot, CVS, and Burger King. The lessee analyzes and approves each location based on its demographic requirements.
  • Location! Properties are typically located in prime retail areas with high traffic counts and great demographics.
  • Properties may be located in a high-income growth area throughout the Country
  • Lease terms range from 10-25 years

Long-term, permanent, non-recourse financing may be sourced from life insurance companies and conduit lenders with a variety of terms and conditions, allowing each transaction to be structured to each investor’s unique requirements.

Ghirardo Real Estate Group has access to myriad NNN lease property opportunities. Let us help you find the right property for your investment portfolio.