NNN - Triple Net Investment Properties
NNN (Triple Net) Investment Property Acquisition & Management
Krieger Real Estate provides comprehensive acquisition advisory and ongoing management services for NNN (triple net) leased investment properties occupied by credit tenants and nationally recognized brands. We represent investors seeking stable, long-term income through single-tenant and multi-tenant NNN assets, with a particular focus on 1031 exchange transactions requiring precision, speed, and institutional-level execution.
1031 Exchange Acquisition Advisory
As part of a tax-deferred 1031 exchange, Krieger Real Estate assists investors in identifying and securing replacement NNN properties that align with their income, risk, geographic, and lease-term objectives. We proactively source off-market and on-market opportunities leased to investment-grade or strong credit tenants, including national retailers, medical users, QSR operators, and corporate occupiers.
Our acquisition services include:
- Identifying target NNN properties that satisfy 1031 exchange requirements and timelines
- Evaluating tenant credit strength, corporate guaranties, lease term remaining, and renewal options
- Analyzing rent escalations, expense pass-throughs, and long-term income durability
- Coordinating closely with qualified intermediaries, attorneys, and tax advisors
Due Diligence & Lease Review
NNN investments are defined by the lease. Krieger Real Estate conducts a thorough due diligence and lease abstraction process to ensure investors fully understand the rights, obligations, and financial performance of each asset.
Our due diligence services include:
- Detailed lease abstraction of complex corporate NNN leases
- Review of rent schedules, escalations, percentage rent (if applicable), and reimbursement structures
- Verification of tenant responsibilities for taxes, insurance, and maintenance
- Review of estoppels, SNDA agreements, and tenant-provided documentation
- Identification of risks related to early termination rights, co-tenancy, or non-standard lease provisions
Price Negotiation & Transaction Execution
Krieger Real Estate represents investors exclusively and negotiates aggressively to secure the best possible pricing and terms. We leverage market data, tenant credit analysis, cap-rate trends, and lease nuances to position our clients advantageously throughout the negotiation process.
We manage:
- Pricing strategy and cap-rate justification
- Contract negotiation and amendments
- Coordination with lenders, attorneys, inspectors, and title companies
- Timely execution to meet strict 1031 exchange deadlines
Ongoing NNN Property Management
Following acquisition, Krieger Real Estate provides specialized NNN property management designed for institutional-quality assets and corporate tenants. Our management approach focuses on income accuracy, lease compliance, and long-term asset stability.
Our NNN management services include:
- Rent collection and reconciliation in accordance with lease terms
- Tracking and calculating rent escalations and scheduled increases
- Ongoing lease administration and abstract maintenance
- Serving as the primary point of contact with the corporate lessee
- Monitoring tenant compliance with all lease obligations
- Ensuring timely receipt of required documentation, including:
- Certificates of insurance
- Corporate guaranties (if applicable)
- Estoppels and periodic reporting required by the lease
A Single Point of Accountability
By combining acquisition advisory, 1031 exchange expertise, lease-level due diligence, and specialized NNN management, Krieger Real Estate delivers a fully integrated solution for investors seeking predictable income, reduced operational burden, and long-term capital preservation.
Our clients benefit from a single point of accountability throughout the lifecycle of their NNN investments—from identification and acquisition to lease administration and ongoing asset oversight.
