Successfully transitioning your investment property to Triple Net Lease (NNN) properties—whether through direct ownership or a 1031 exchange—requires selecting a broker that aligns with your goals.
NNN leases provide reliable, low-maintenance cash flow through long-term agreements with creditworthy tenants. A factor in your success can be working with a broker who understands NNN structures, tenant credit analysis, market dynamics, and capitalization rates.
When choosing a Triple Net Lease broker, prioritize these key qualities and follow strategic tips to stay focused on your investment objectives.
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Look for NNN Specialization
Commercial real estate brokers have varied experience and specialization levels in NNN properties. When selecting real estate professionals, it’s helpful to seek out those focusing exclusively on triple net properties rather than general commercial and multifamily investments. NNN specialists should understand:
- Lease structures (N, NN, and NNN)
- Tenant creditworthiness
- Sector nuances (retail, industrial, medical)
- Investment-grade tenants vs. franchisees
- Cap rate trends and market comparables
An NNN broker with experience should explain active and passive triple net options while demonstrating how these properties can serve as part of your 1031 Exchange plan.
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Prioritize Experience With 1031 Exchanges
When you plan to sell an investment property for reinvestment through a 1031 Exchange, your broker should understand the time constraints. Your broker should possess the following qualifications:
- A network of on-market and off-market net lease deals
- Familiarity with IRS exchange timelines (45-day ID, 180-day close)
- Relationships with Qualified Intermediaries (QIs)
- The ability to structure deals that protect both tax benefits and wealth preservation
Some brokers maintain close relationships with DST providers to offer passive 1031 solutions, integrating diversification with institutional management.
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Ask About Tenant Vetting and Due Diligence
Triple net investments thrive on the strength of their tenants. A good broker should help you evaluate:
- Corporate vs. franchise tenant structures
- Credit ratings and financials
- Lease terms, rent escalations, and renewal options
- Property condition and location trends
They should also guide you through due diligence — from reviewing lease agreements to analyzing rent rolls and expense responsibilities.
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Seek a Broker Who Aligns With Your Goals
Every investor is different. The broker should create personalized recommendations that align with your investment goals, whether you seek income stability, portfolio diversification, or legacy planning.
Realized operates beyond standard services. Our advisors assist clients by transitioning to passive real estate income streams through net lease DSTs and customized portfolios based on your individual risk profile income and tax requirements.
Final Thoughts
Selecting a suitable triple net lease broker requires more than deal access. Have you started considering your transition from active to passive real estate investing using NNN properties?
We will establish the appropriate solutions for you, whether you prefer direct ownership or diversified DSTs.
The tax and estate planning information offered by the advisor is general in nature. It is provided for informational purposes only and should not be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation.
