Triple Net Explained
1031 Tenant In Common Triple Net
An increasing popular alternative to sole ownership
triple net is an investment in a single large
triple net commercial
investment property by multiple property owners, not as limited partners or as an entity, but as individual property owners. This form of ownership is known as fractional ownership or 1031 tenant in common.
While
1031 tenant in common investment properties are available for virtually all
investment property types, triple net-
1031 tenant in common are particularly popular because of their predictable cash flow backed by national credit tenants. Triple Net-
1031 tenant in common investment properties can be either single tenant
triple net or multi-tenant
triple net investment properties. Additionally, it is common for a
1031 tenant in common Sponsor to convert a multi-tenant
investment property into a
triple net through a master lease structure where they lease the
investment property back from the property owners on a
triple net basis.
Consider the various advantages to any
1031 tenant in common triple net option:
1. Freedom from the hassles of day-to-day management
2. Take advantage of several 1031 tenant in common-
triple net investment properties available at any given time
3. Invest in institutional grade
investment property
4. Assisted exchange Process: You do not have to do the legwork to find the
investment property that you want to buy.
5. Variable minimum investment requirements