Net lease, explained properly.

Plain-English answers on net lease investing, sale-leasebacks, 1031 exchanges, and build-to-suit development. Part of the Nothing But Net education series.

Educational

What is sale-leaseback advisory?

Sale-leaseback advisory is the structuring and sale of owner-occupied real estate with a long-term lease back. Learn what advisors do and when to hire one.

7 minute read

How sale-leaseback advisors affect cap rates

Sale-leaseback advisors affect cap rates by shaping lease term, escalations, NNN structure, and buyer competition — not by changing tenant credit or location.

7 minute read

Why companies hesitate on sale-leaseback financing

Companies hesitate on sale-leasebacks over lost ownership, long-term rent obligations, and control. Here is when each concern is justified and how to weigh it.

7 minute read

Guides

How to negotiate sale-leaseback lease terms

In a sale-leaseback, the seller drafts its own lease before the sale. Learn how term length, rent level, escalations, and renewal options shape price and risk.

7 minute read

How to choose a sale-leaseback advisor

Choose a sale-leaseback advisor by testing net lease specialization, buyer network depth, lease structuring input, process discipline, and fee conflicts.

7 minute read

How family offices should evaluate net lease brokers

Family offices should evaluate net lease brokers on buy-and-hold fit, off-market deal flow, underwriting depth, dual-agency disclosure, and 1031 competence.

7 minute read

1031 exchange timelines for net lease deals

A 1031 exchange allows 45 days to identify replacement property and 180 days to close, both from the sale closing date. How net lease buyers manage the clock.

7 minute read

How franchise operators should evaluate net lease build-to-suit partners

Evaluate net lease build-to-suit partners on site selection, cost overrun risk, ground lease vs fee simple structure, exit plans, and lease terms that scale.

6 minute read

Services

Sale-leaseback advisory at SURMOUNT

A sale-leaseback converts owned real estate into capital while the company keeps operating as a tenant. Lease structure set before marketing drives the price.

6 minute read

Net lease capital markets advisory at SURMOUNT

SURMOUNT capital markets crafts customized debt and equity strategies for net lease owners: acquisition, refinancing, construction, and Opco/Propco finance.

8 minute read

Lease advisory for single-tenant and multi-site portfolios

Lease advisory improves the economics of leases you already hold: tenants cut occupancy costs, landlords extend term. How it works for net lease portfolios.

7 minute read

Net lease build-to-suit development at SURMOUNT

Build-to-suit development pairs purpose-built locations with long-term net leases. SURMOUNT's integrated platform runs from site selection to project turnover.

6 minute read

Net lease investment sales for family offices and 1031 investors

Net lease investment sales for family offices: document-level underwriting, tenant credit analysis, and 1031 execution within the IRS 45- and 180-day deadlines.

7 minute read
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