Triple net leases are also unique in their duration. Unlike a typical residential lease that lasts only 6 to 12 months, a triple net lease lasts typically 15 to 30 years. This is a huge advantage for property owners who want consistency in the monthly payments and the security of not having to worry about the constant struggle of placing tenants. Triple net leases also take into consideration inflation and typically include rent increase clauses through the life of the lease term.
Typical tenants for triple net leases are Walgreens, CVS, Social Security Administration, Arbys, Pizza Hut, 7eleven, Wells Fargo and many more. These well recognized companies are willing to participate in triple net leases, because owning all of their business locations is not advantageous to their business model or growth.Many investors are looking for a safe place to put their money with the wild fluctuations in the financial market. Stable, predictable investment vehicles are increasingly hard to find, but smart investors do have choices. One of the better choices is to invest in triple net lease, which many investors also call a corporate bond combined with real estate investments that still make sense today.
Owning a triple net lease property offers a long term lease with a corporately rated tenant, opposed to an individual tenant in residential real estate. The major benefit of a triple net lease is the consistent monthly return without the hassles of being a landlord.http://www.calkain.com/
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