Triple Net Leases, commonly known as NNN leases, represent a unique investment opportunity in the commercial real estate realm.

In an NNN lease, tenants bear the responsibility for property expenses, including property taxes, insurance, and maintenance costs. This shifts the burden away from the property owner, providing a hassle-free and predictable income stream.

In the context of a 1031 exchange, a triple net lease property is a golden goose. It offers steady rental income without the burden of additional expenses. Plus, the potential for property appreciation over time can lead to significant capital gains when it’s time to sell. So, it’s no surprise that savvy real estate investors often have their eyes peeled for triple net lease properties when planning a 1031 exchange.