Considering a triple net investment property is one of the smartest investments one can make, these investments are highly attractive for a great number of reasons. NNN leases provide a steady and secure source of income for investors as the tenants are often large retail franchises which can guarantee stability and a strong financial history while committing to longer term leases
NNN leases are also attractive as the operating expenses, real estate taxes and insurance costs are transferred onto the tenant, alleviating the owner of managerial obligations. Investors using the 1031 & 1033 tax deferred exchange code avoid taxes when deciding to sell the asset, allowing investors to accumulate wealth without having to pay taxes by investing into another property.