

Net Lease Properties are real estate investors 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 the taxes and insurance, and all repairs and maintenance. Only leaving the owner responsible for paying any debt service on the property.
In general, net lease properties have long term tenant leases (typically 15 to 25 years) and a rental rate with defined increases. A NNN investment can provide steady income regardless of the condition of the economy or local real estate market, without all the managment hassles!
Here are some powerful reasons to acquire investment grade net-lease property for either a §1031 exchange or investment income:
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.