Property type — Net lease

A PPM for net-lease and NNN single-tenant deals

Net-lease deals — including single-tenant buildings on long-term leases — may be underwritten around tenant credit and lease durability. PPMWizard organizes the general real-estate inputs and narrative into a draft for counsel.

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What this property type is

Net lease covers single-tenant properties that may use a triple-net structure where the tenant assumes specified tax, insurance, and maintenance obligations. Tenant types can include restaurants, pharmacies, retailers, industrial users, and offices, but every lease allocates obligations differently. An offering may finance one property or a portfolio.

PPM considerations specific to net lease

Net-lease disclosure may address the tenant's credit profile, financial condition, lease term and renewals, rent escalations, expense obligations, and parent-guaranty terms. The sponsor should also describe residual property value and re-tenanting costs rather than treating the lease as risk-free.

PPMWizard provides a general rent roll, underwriting inputs, and narrative sections; it does not perform tenant-credit analysis or select net-lease risks automatically. Lease, guaranty, tenant-credit, and other specialized facts belong in narrative or custom risks and require counsel review.

Illustrative structure questions

A net-lease vehicle may use an LLC, membership interests, debt aligned with the lease, a preferred return, a promote, and a hold period linked to lease term and disposition assumptions. PPMWizard does not infer leverage or return terms from a tenant or lease type; use the actual underwriting and have counsel reconcile the documents.

Sample offerings

Drafts in this shape, already in the gallery

A handful of representative sample PPMs you can open and preview. Each is a fictional draft assembled from illustrative sponsor and deal inputs.

Colophon · Draft your own

Walk the wizard. See your draft take shape.

The free tier includes up to three drafts and a watermarked preview. Pay once or choose Pro when you are ready to export for counsel.

Drafting tool only — attorney review required before issuance