NNN Explained
Many real estate investors are choosing to engage in single, larger
NNN commercial
investment real estate investments instead of a sole ownership NNN. This form of ownership is known as a
tenants in common investment.
NNN-tenants in commons are particularly popular because of their predictable cash flow backed by national credit tenants. Moreover, it is common for a
tenants in common sponsor to convert a multi-tenant
investment real estate into a
NNN through a master lease structure where they lease the
investment real estate back from the real estate investors on a
NNN basis.
Tenants In Common-
NNN advantages include:
1. Freedom from the hassles of day-to-day management
2. Readily available
investment real estate
3. The opportunity to invest in higher-quality institutional
investment real estate
4. Assistance with the entire exchange process
5. Flexible investment sizes based on
investment real estate type and location