Triple Net Explained
Tenants In Common Triple Net
An increasing popular alternative to sole ownership
triple net is an investment in a single large
triple net commercial
income property by multiple property investors, not as limited partners or as an entity, but as individual property investors. This form of ownership is known as fractional ownership or tenants in common.
While
tenants in common income properties are available for virtually all
income property types, triple net-
tenants in common are particularly popular because of their predictable cash flow backed by national credit tenants. Triple Net-
tenants in common income properties can be either single tenant
triple net or multi-tenant
triple net income properties. Additionally, it is common for a
tenants in common Sponsor to convert a multi-tenant
income property into a
triple net through a master lease structure where they lease the
income property back from the property investors on a
triple net basis.
Consider the benefits of any
tenants in common triple net :
1. Freedom from management headaches
2. Readily available
income property
3. Have access to larger institutional grade
income properties for investment
4. Pick and choose from a plethora of licensed 1031 expert to help facilitate your exchange
5. Variable minimum investments on each income property