What Are Triple Net Leased Investments?

Many real estate investors become dissatisfied with the management problems associated with real estate investment ownership. In recent years, more investors are becoming familiar with the ease of owning commercial property occupied by a single credit rated national tenant, using the vehicle of a long term triple net lease (NNN). The advantages of NNN leases are that the tenant is obligated to pay for all expenses associated with the operation of the property including property taxes, maintenance, insurance etc.

When a NNN lease is combined with a single national credit tenant, the investor can be assured of a management free property with minimal risk. Companies with a net worth of over $1 billion such as Walgreens, Walmart, O’Reilly, Jack-in-the-Box, Barnes and Noble, Winn-Dixie, 7-Eleven, Inc. and Sherwin Williams are the typical types of NNN leased investment properties that investors seek.