What are some examples of triple-net leased properties?
Take a look around most busy intersections. Denny’s, Checkers, Wendy’s, Firestone, Jiffy Lube, Office Max, Lowe’s, and Wal-Mart are excellent examples. The real property where these companies are located are owned by real estate investors and are then leased to these companies through a triple-net lease agreement. Can I do a real estate exchange for a triple-net leased property? Triple-net leased properties are an increasingly common replacement property for real estate exchanges. Often, real estate investors drop their properties with intense management needs, such as multi-family homes and office buildings for the low management peace of mind of triple-net lease properties.