Triple Net Lease or “NNN”

Triple net leased property require tenants to pay rent to the owner, as well as all taxes, insurance and maintenance expenses that arise from the use of the property. These type of properties offer contractual cash flow payments without property management.  Many properties are leased by high quality tenants such as major corporations like Home Depot and Walgreen's attracted by the control of ownership without the upfront capital outlay expenses.

§1031 "Starker" Exchange | §721/UPREIT | Tenant-In-Common (TIC) | Delaware Trust (DST) | Oil & Gas | Net Lease