Single Tenant NNN Identification

Triple net lease (NNN) investments represent one of the most stable income-producing asset classes available for 1031 exchange replacement properties. When you acquire a commercial building or land leased to a single tenant who assumes responsibility for net taxes, net insurance, and net property maintenance—in addition to rent, utilities, and most operating expenses—you own a true NNN lease property. These investments feature creditworthy tenants typically rated investment-grade by S&P and Moody's, including essential retailers, dollar stores, quick-service restaurants, gas station convenience stores, pharmacies, and medical companies. Investors in Baltimore, MD must identify replacement properties within 45 calendar days of closing, and NNN assets offer straightforward identification with minimal ongoing management. We identify absolute NNN leases (where tenants assume all expenses including capital expenditures), regular NNN leases (where landlords may retain some structural responsibilities), and NNN ground leases (land-only rentals lasting 20 to 99 years). Each property is screened for tenant creditworthiness, lease structure, location quality, and lease duration. Our database spans all 50 states, including Baltimore, MD, and includes properties with corporate-guaranteed leases from investment-grade corporations. We coordinate with qualified intermediaries to ensure identification letters meet IRS requirements within the 45-day window.