Property Paths
NNN and STNL Property Sourcing
Triple net lease and single tenant net lease replacement property identification featuring corporate-guaranteed tenants and hands-off income structures.
Service Overview
How this service works
Triple net lease (NNN) and single tenant net lease (STNL) property sourcing connects Denver, CO investors with commercial real estate investments featuring corporate-guaranteed tenants who assume responsibility for property expenses. These lease structures represent some of the most stable income-generating opportunities available in commercial real estate, offering predictable monthly cash flow with minimal ownership obligations.
Our identification process operates within IRS forty five day identification windows and one hundred eighty day closing requirements. Every NNN or STNL candidate undergoes comprehensive tenant creditworthiness assessment, lease structure analysis, and asset condition review. We coordinate with qualified intermediaries to facilitate proper escrow management and timely identification letter execution.
Our national property network encompasses triple net lease assets spanning essential retail, quick-service dining, healthcare facilities, automotive services, and other necessity-based sectors occupied by investment-grade corporate tenants. We deliver detailed lease documentation, corporate financial analysis, and regional market cap rate comparisons. Delaware Statutory Trust (DST) and Tenant-In-Common (TIC) arrangements may involve securities and require licensed securities professionals; we facilitate introductions to qualified providers when appropriate.
Service Details
What is included
Comprehensive support to keep your exchange compliant and on schedule.
National triple net lease property inventory searchable by corporate credit quality, industry sector, geographic market, and acquisition price
Corporate tenant creditworthiness evaluation using recognized rating agency assessments
Comprehensive lease documentation review including rental rate adjustments and extension provisions
Asset condition assessment and regional market capitalization rate benchmarking
Corporate financial documentation analysis and public company reporting review
Identification letter preparation and qualified intermediary coordination
DST and TIC structure referrals to licensed securities professionals when requested
Property inspection coordination and comprehensive due diligence management
Common Scenarios
When this service helps
A Denver metro investor divesting a commercial property seeks triple net lease replacements featuring investment-grade corporate tenants for hands-off income generation.
A Colorado Springs area investor requires single tenant net lease properties with extended lease terms aligned with exchange completion deadlines.
A Boulder County investor exploring Delaware Statutory Trust options for triple net lease replacements requests connections to licensed securities professionals.
Example Project
NNN and STNL Property Sourcing
Example of the type of engagement we can handle
Client Situation
A Denver area investor disposing of a retail asset with approximately one point five million in net proceeds seeks triple net lease replacement properties occupied by investment-grade corporate tenants, prioritizing passive income generation and reduced operational involvement.
Our Approach
We query national triple net lease property databases, apply filters based on corporate credit ratings and acquisition price parameters, assemble comprehensive lease documentation and corporate financial reviews for each prospect, evaluate asset conditions and regional market comparables, facilitate identification letter preparation with qualified intermediary coordination, and arrange Delaware Statutory Trust introductions when applicable.
Expected Outcome
Investor obtains three qualified triple net lease replacement candidates accompanied by thorough corporate credit assessments, complete lease documentation, comprehensive property condition evaluations, and properly executed identification letters. Selected properties feature investment-grade corporate tenants with extended lease terms designed to support passive income objectives.
Educational content only. Not tax, legal, or investment advice. A 1031 exchange defers income tax on qualifying real property and does not remove transfer or documentary taxes. DST or TIC may be securities. We do not sell securities. We provide introductions to licensed providers only.
Replacement Property Identification
Nationwide property sourcing aligned with forty five day identification rules and investor criteria.
Multifamily Replacement Sourcing
Apartment and multifamily asset identification across major markets with rent roll analysis and cap rate evaluation.
Industrial Property Identification
Warehouse, distribution, and flex space replacement properties with tenant credit and lease term review.
Medical Office Replacement Sourcing
Healthcare real estate identification with provider credit review and lease stability assessment.
Common Questions
Frequently asked questions
What distinguishes NNN from STNL lease structures for Colorado 1031 exchanges?
Triple net lease (NNN) arrangements require tenants to cover base rental payments along with property tax obligations, insurance premiums, and maintenance costs. Single tenant net lease (STNL) properties follow similar expense allocation patterns but specifically feature one corporate tenant occupying the entire building. Both lease types qualify as like-kind replacement properties under Section 1031 and deliver hands-off income streams with reduced landlord operational duties.
How do I calculate boot exposure for NNN and STNL 1031 exchanges?
Boot calculation for Colorado NNN and STNL exchanges encompasses any cash proceeds received plus mortgage debt reduction that isn't replaced through the replacement property acquisition. When replacement property debt falls below relinquished property debt levels, that differential constitutes mortgage boot and triggers taxable gain recognition. We assist in structuring replacement acquisitions to maintain or increase debt levels relative to relinquished properties, thereby minimizing boot exposure.
Are DST or TIC arrangements suitable for NNN and STNL replacement properties?
Delaware Statutory Trust (DST) and Tenant-In-Common (TIC) structures may constitute securities offerings and necessitate involvement of licensed securities professionals. Colorado investors exploring DST or TIC options for NNN and STNL replacements should engage qualified securities advisors. We facilitate connections with licensed providers but do not offer securities directly. All DST and TIC arrangements must adhere to applicable securities regulations and investor qualification standards.
What corporate tenant information is essential for NNN and STNL property evaluation?
Colorado investors evaluating NNN and STNL candidates should examine corporate credit assessments from recognized rating organizations, tenant financial documentation and public filings, lease provisions covering rental rates, periodic increases, and extension rights, plus comprehensive property inspection reports. We aggregate this information for each NNN or STNL prospect to enable informed underwriting decisions within compressed forty five day identification periods.
Coverage Areas
Where we deliver nnn and stnl property sourcing
Launch nnn and stnl property sourcing
Share your objectives and we will confirm intermediary fit, diligence needs, and reporting steps.
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Tell us about your exchange
Mention nnn and stnl property sourcing so we can prefill workflow steps before the first call.
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Contact our Denver-based team for expert guidance on your Colorado 1031 exchange.