The leading US-based real estate platform operates a proprietary software that allows users to easily search for high-quality net lease investment properties all over the country
FORT LAUDERDALE, FL / ACCESSWIRE / June 9, 2022 / Net Lease World is making investing in nnn properties much easier for real estate investors, through its online platform.
Based in the United States, the leading real estate company operates a proprietary software that allows users to seamlessly discover high-quality nnn lease for sale all over the country, completely free of charge.
"Our proprietary software makes us the most user-friendly commercial real estate platform in the market. We understand how important speed is in real estate investment so we spent a lot of time and resources to build you a platform that will give you all the tools to easily make smart decisions from the comfort of your smartphone."
Triple net lease contracts transfer the responsibility of sorting out maintenance costs, property taxes, and insurance premiums to the tenants, allowing the property owners to make more profit by greatly reducing the operating costs of their properties.
Through its intuitively designed web-based software, real estate investors can search for a nnn for sale, using a wide range of search filters that include price, cap rate, income, or lease term.
Registered users of the online platform can take advantage of the account management tools to save properties to their favorite list, and also request more information through automatic email.
Once they are satisfied with all the provided information, investors can simply close in on their chosen properties through a digital letter of intent, which can be electronically signed from the convenience of their smart devices.
Ted Dowding, the owner and managing principal of Net Lease World says the company is dedicated to exceeding client expectations and delivering the best service.
"We are the best in the world with a sales volume that is 500 times larger than our competitors. Last June, we helped a client acquire a Red Lobster property for $5,300,000 and also helped another 1031 Buyer client with 48 hours left, to ID find a perfect asset for his exchange so he could avoid paying capital gains taxes."
In recent times, triple net lease properties are becoming one of the most popular investment options. The unique nnn lease contract presents investors with a very low-risk option that is guaranteed to generate income without any form of responsibility.
In commercial real estate, triple net lease properties provide investors with the most unique opportunity for low-risk wealth preservation. By requiring tenants to pay for some or all of the property expenses that normally would be paid by the property owners, the net lease system presents investors with a safe and reliable investment option that minimizes risks and ensures a guaranteed recurring income.
When deciding to add an nnn property to one's portfolio, it is important to consider the type of net lease contract that would be most beneficial as the pros and cons differ. In practice, net lease contracts are grouped into two main kinds.
The first type relatively involves low-risk long-term leases and is characterized by reliable tenants, consistent cash flows, and periodic rent escalations. While the second is a more high-risk investment option, and usually involves sellers looking to divest their properties because of failing tenants.
Generally, net lease properties are categorized into 5 types that accommodate all types of properties ranging from residential apartments to office buildings and industrial properties. They are;
Single Net lease: under a single net lease, the tenants are required to pay the base rent and also handle the property taxes on behalf of the property owner.
Double Net: in a Double Net or NN lease the tenant is responsible for paying the base rent, handling the property tax, and also covering the insurance premium on the property.
Triple Net or NNN lease: possibly the most popular type of net lease, the triple net lease or nnn lease adds the responsibility of paying property tax and insurance premium to the tenants who also have to pay the base rent and handle all maintenance/repair costs during their stay.
Bondable Lease: the Bondable lease, also known as the "absolute triple net lease" or "true triple net lease," prescribes a contract in which the tenant bears every possible risk associated with the property. Regarded as the most extreme variation of a triple net lease, tenants under a Bondable lease are also responsible for rebuilding in the event of structural disasters, regardless of the adequacy of insurance proceeds.
Ground Lease: a Ground lease is a unique agreement in which a tenant agrees to lease land, build on it, pay rent for an agreed period, and after that, relinquish ownership of both the land and the property to the landowner.
In practice, investors of net lease properties can be divided into four major groups. The first are 1031 Exchange Buyers who rely on net lease contracts to defer the tax bill on significant capital gains on their properties. indefinitely. These investors take advantage of the relative stability, low management responsibilities, and long-term leases of net lease contracts to easily sell off the said properties and invest the proceeds into another property of the same value.
The second group of net lease investors are Merchant Builders, who - either as individuals or firms, leverage their pre-existing relationships with prospective tenants to develop a new property from the ground up with an agreed long-term lease.
At number three are Institutional Investors, such as Real Estate Investment Trusts (REITs) and Private Equity firms, which allocate a portion of their capital to net leased properties.
The fourth group of net lease investors are business owners who seek out investors they can sell their properties to under a lease back agreement, allowing them to simultaneously raise capital and lease back their properties.
Driven by the desire to provide the best customer service, Net Lease World has suggested a few cautionary tips that would help investors to discern risky deals from reliable ones. According to the company, the day-to-day management of the properties, the stringent conditions, as well as the rigid timelines demand that investors devote adequate time to examining every detail in the contracts.
"The first thing you need to evaluate is the tenant. You will need to verify their credit score and balance sheet as well as the kind of market the property is in. Next is the lease term and then the stability of property cash flow against other income-generating assets."
Anyone interested in net leases can visit the company's website to access the very best net lease for sale from across the entire United States. For more information, please reach out to Net Lease World via the contact info below.
Media contact:
Ted Dowding
[email protected]
SOURCE: Net Lease World