NNN Property Search

NNN Property Search helps investors in San Francisco, CA discover single-tenant commercial properties structured with triple net lease arrangements featuring corporate-backed tenants and extended lease commitments. This service concentrates on identifying triple net assets that deliver consistent revenue streams and meet IRS like-kind standards for 1031 exchange transactions.

We access our network of triple net properties spanning retail establishments, healthcare facilities, and additional single-tenant commercial real estate featuring tenants with strong corporate credit profiles. Our team assesses each opportunity based on lease structure details, corporate tenant financial strength, and alignment with your exchange objectives.

The service encompasses comprehensive triple net property sourcing, corporate credit analysis, lease structure review, and replacement property identification assistance. We collaborate with property sellers, commercial brokers, and qualified intermediaries to streamline triple net property discovery and transaction completion.

Triple net lease investments represent one of the most dependable income-generating commercial real estate strategies available. When you acquire a commercial building or land and lease it to a single corporate tenant who commits to covering property taxes, insurance premiums, maintenance expenses, utilities, and other operational costs, you own a triple net lease asset. These properties typically feature tenants from essential retail sectors, discount retailers, quick-service restaurants, fuel stations with convenience stores, pharmacies, and healthcare companies that maintain strong credit ratings from major rating agencies.

Triple net lease structures come in several variations. Absolute triple net leases represent long-term corporate-guaranteed agreements spanning 10 to 20-plus years where the tenant assumes complete financial responsibility for all property-related expenses including real estate taxes, insurance coverage, common area maintenance, and capital improvements. With absolute triple net arrangements, the tenant bears all financial risk while you maintain ownership with virtually no operational duties—simply receive rental payments and enjoy passive ownership.

Standard triple net leases also provide long-term corporate guarantees but may include provisions where the property owner retains responsibility for certain expenses such as parking lot maintenance, roof repairs, and structural elements. Even with these limited responsibilities, standard triple net properties remain stable income-producing investments that can be owned regardless of your geographic location.

Triple net ground leases involve land-only arrangements lasting 20 to 99 years where you maintain fee-simple ownership. The tenant handles all development, improvement, tax, repair, maintenance, insurance, and financing costs. Ground leases should include provisions granting you building ownership if the lease terminates early, ensuring you receive both the land and any improvements if the tenant vacates.

Triple net properties typically house businesses that demonstrate resilience during economic downturns, including auto parts retailers, convenience stores, early childhood education centers, car wash facilities, discount stores, pharmacies, quick-service restaurants, fuel stations, medical clinics, veterinary practices, and fast-casual dining establishments. These tenants have demonstrated profitability even during challenging economic periods.

Triple net investments offer advantages beyond traditional stock market or other commercial real estate investments. Triple net tenants exhibit significantly lower default rates, reducing your ownership risk. Property values remain stable without dramatic fluctuations, providing consistent monthly income that increases throughout the lease term. Additional benefits include annual tax optimization opportunities and 1031 exchange tax code advantages that enhance investment returns.

Financial and lifestyle benefits include accessible entry points typically ranging from $1 million to $5 million, reliable low-risk income generation, passive predictable cash flow tailored to your preferences, reduced ownership risk through corporate tenant guarantees, 10 to 20-plus years of dependable income with minimal landlord duties, periodic rent increases that offset inflation, prime locations selected by tenants for demographic success, tangible assets that enhance portfolio value, tax strategies including 1031 exchanges and cost segregation depreciation, and diversification across locations, tenant types, asset classes, lease structures, and cap rates.

One consideration for triple net investments is the limited property management involvement. Since tenants handle common area maintenance and most expenses, you have minimal hands-on responsibilities beyond potential roof, structure, or parking lot obligations. Additionally, rental income is contractually defined for the lease term, though many tenants offer annual increases or periodic escalations that can reach up to ten percent depending on the corporate tenant.

What's Included

  • NNN property search and inventory access
  • Tenant credit evaluation
  • Lease term analysis
  • Property value assessment
  • Investment suitability evaluation
  • Broker coordination
  • Property identification support

Common Situations

  • Investor wants to identify NNN properties with credit tenants
  • Investor needs stable income properties for 1031 exchange
  • Investor wants single tenant properties with long term leases

Frequently Asked Questions

What is an NNN property in San Francisco, CA?

An NNN property in San Francisco, CA is a single-tenant commercial property where the tenant pays base rent plus property taxes, insurance, and maintenance expenses under a triple net lease structure. Triple net properties are sought after for 1031 exchanges because they deliver consistent income and qualify for like-kind treatment under IRS regulations.

How does boot affect my NNN property exchange in San Francisco, CA?

Boot received during your triple net property exchange in San Francisco, CA is taxable as capital gain. We coordinate property valuations and financing structures to reduce boot exposure and optimize your tax deferral benefits when acquiring triple net replacement properties.

What tenant credit ratings are available for NNN properties in San Francisco, CA?

Triple net properties available for San Francisco, CA investors include tenants with investment-grade corporate credit ratings, high-yield credit profiles, and other credit classifications. We analyze corporate tenant creditworthiness as a core component of our property evaluation and sourcing process.

What lease terms are typical for NNN properties in San Francisco, CA?

Triple net properties available for San Francisco, CA investors typically feature lease terms ranging from 10 to 25 years with scheduled rent increases. We examine lease structure details as part of our property search to confirm they align with your investment parameters and exchange timeline.

Example Capability

Example of the type of engagement we can handle

Location

San Francisco, CA

Scope

Search NNN properties, evaluate tenant credit and lease terms, coordinate property identification

Client Situation

Investor sold property in San Francisco, CA and wants to identify NNN replacement properties

Our Approach

We searched NNN property inventory, evaluated tenant credit and lease terms, assessed investment suitability, and coordinated property identification

Expected Outcome

NNN properties identified and evaluated with tenant credit and lease terms analyzed and property identification coordinated

Contact us to discuss your situation in San Francisco, CA. We can share references upon request.

Educational content only. Not tax, legal, or investment advice. 1031 defers income tax on qualifying real property and does not remove transfer or documentary taxes.

Ready to Get Started?

Contact us to discuss your 1031 exchange needs in San Francisco, CA.