We are in the business of acquiring Triple Net ("NNN") Leased commercial real estate properties. Our properties are typically leased to a single corporate tenant on a long term basis (usually between 10 to 25 years). Our tenants have a Standards and Poors ("S & P") credit rating of Investment Grade and our tenants provide us with their corporate credit guaranty for both the lease payment and lease term of our lease. We purchase these properties with other buyers as co-ownership interest (our "Co-Ownership Interest") in a Tenant-in-Common ("TIC") structure. Under the TIC structure each co-owner receives a deed to the property and is independent from the other co-owners. This means that each co-owner may sell their deed to the property at any price and at any time they so desire.
We prefer Triple Net Leased Properties because they are the traditional real estate investment with no management obligation for the owners. In its purest form (called a NNN - Triple Net Lease) the tenant manages the property, doing everything from paying all the operating expenses, property taxes, utilities, insurance premiums, maintenance and repairs. We get to collect monthly net rental income just as we would with a traditional real estate investment, only without the other expenses and headaches inherit with NON-NNN lease properties.
A NNN Property can be either a single or multi tenant investment like a shopping center, office building or a free standing building. A NNN Lease investment gives us total (fee-simple) ownership of a commercial property, which is pre-leased to a high credit rated retail tenant - Walgreens, CVS, McDonald's, Lowes, Dunkin Donuts, 7 Eleven, Auto Zone, etc. - on a long term basis, providing us with a stable, long term cash flow. An investment in our NNN leased properties can be an excellent replacement property in completing a 1031 real estate exchange transaction and a prudent investment for your Self Directed IRA and/or Self Directed 401K.
The price range for a Single Tenant NNN Leased property is generally between $1 million to $10 million. The fast food restaurants and auto stores are more affordable, while drugstores are on the higher end. Big box retailers such as Home Depot, Lowes and Publix can bring from $15 million to $25 million.
We have acces to these NNN Leased properties before they hit the market, giving us the ability for a first look.
We offer our Co-Ownership Interest to buyers as an ideal means of obtaining ownership in our NNN Leased prime real estate that might otherwise be beyond a typical buyer's reach.
Our Co-Ownership Interest provides our buyers with all the benefits as sole prime real estate ownership, without the day-to-day headaches associated with real estate ownership.
We sell our Co-Ownership Interest through Professionals.
We have a strong commitment to our relationships with buyers, lenders, brokers, property managers and sellers and we bring certainty of execution.
Investor may use several flexible ways to fund your purchase:
· You can use a Self Directed IRA or a 401K (We can assist you with this process).
· You can use a 1031 Exchange.
· You can borrow from your Whole Life Policy.
· You can liquidate your CD.
· You can use Cash.