As explained in the Tiple Net Lease course - working with a realtor that specializes in Triple Net Leases can greatly reduce your workload as a real estate investor.  As a buyer, I have never had to pay the traditional realtor fee as usually the seller pays this.  Additionally, one of the best triple net lease deals I have ever seen came from one of the brokers I stay in-touch with.

The tenant was a publicly-traded company that was actually doing very well in the recession as the business they were in was counter-cyclical.  The best (or at least most interesting) part of this deal was that the building wasn’t even built yet!  The builder had struck the deal with the tenant.  After acquiring the land, the builder fell on financial distress.  The builder therefore HAD TO SELL the property with a premium tenant to get funding from the bank.  The triple net lease investor could purchase the property once the tenant occupied the property.  Therefore, the triple net lease investor was not exposed to any tenant risk (owning an empty building) or building risk (as a developer has).  Additionally, the investor was able to get a great deal knowing the developer (builder) was in distress and the bank was requiring the property to be sold.

This case study is laid out in better detail in the course Three Net Lease Profits.

The important part of this case-study is that I would not have known about this property if it hadn’t been for knowing a realtor specializing in commercial property.