Triple Net Lease Explained
TIC Triple Net Lease
More and more property owners are turning to
triple net lease -tenants in common investments. Rather than sole ownership, triple net lease-TICs offer single, larger commercial
rental property by multiple property owners.
While
TIC rental properties are available for virtually all
rental property types, triple net lease-TICs are more popular due to their predictable cash flow.
Consider the Advantages of
TIC triple net lease rental properties :
1. Freedom from Management: tic-
triple net lease rental properties are managed by National
rental property companies on the property owner’s behalf. With no more
rental property to manage, you have more leisure time to relax or pursue other interests.
2. Ready Availability: There is usually a steady supply of tic-
triple net lease replacement
rental properties for purchase.
3. Own Higher Quality
rental property : exchangers can invest in larger, higher-quality institutional
rental properties than they were able to invest in as individuals.
4. Assisted exchange Process: You do not have to do the legwork to find the
rental property that you want to buy.
5. Flexible Investment Size: Variable minimum investment requirements help property owners match
rental properties with their equity and/or debt needs.
6. Diversification. Proceeds may be split among several
TIC triple net lease rental properties.
7. Non-Recourse Debt: Pre-arranged non-recourse financing limits property owner’s liability.