NNN Explained
Tenant In Common NNN
One popular alternative to sole
commercial real estate ownership is a single, larger triple-net commercial
commercial real estate investment. Such investments are known as fractional ownership or
tenant in common ownership.
NNN-
tenant in common commercial real estate can be either single tenant or multi-tenant, and moreover it is common for
tenant in common Sponsors to convert such investments into a triple-net
commercial real estate through what is termed a master lease.
Advantages of tenant in common-
NNN commercial real estate include:
1. Zero management headaches
2. Steady supply of tenant in common-
NNN commercial real estate available for investment at any given time
3. Invest in larger, higher-quality institutional
commercial real estate
4. Work with a licensed 1031 broker throughout the process
5. Variable minimum investment requirements