What this property type is
Net lease covers single-tenant properties leased on long-term (10–25 year) triple-net structures where the tenant pays taxes, insurance, and maintenance. Quick-service restaurants, pharmacies, dollar stores, auto-parts retailers, and corporate-office headquarters are the common tenant types in the asset class.
Deals in the wizard range from single-property acquisitions in the $1–$4M equity range to multi-property NNN portfolios in the $10M+ range.