#1 Net Lease Real Estate Platform

What is a net lease?

A net lease is a commercial real estate lease structure where the tenant pays base rent plus some or all property expenses (taxes, insurance, maintenance). In a triple net lease (NNN), the tenant covers all three. Net lease properties are valued for their predictable, bond-like income streams with typical lease terms of 10-25 years.

What is a sale-leaseback?

A sale-leaseback is a transaction where a property owner sells their real estate to an investor and simultaneously leases it back on a long-term net lease. This allows the seller to unlock capital tied up in real estate while maintaining operational control of the property. Sale-leasebacks are commonly used by corporations, retailers, and industrial operators to improve balance sheet flexibility.

Can I use a 1031 exchange to buy net lease properties?

Yes. Net lease properties are one of the most popular 1031 exchange replacement options because of their stable, predictable income and minimal management requirements. Investors selling other types of real estate frequently exchange into single-tenant net lease assets to defer capital gains taxes while securing long-term passive income.

What services does Surmount offer?

Surmount is a full-service net lease real estate platform offering five core services: Brokerage (investment sales, acquisitions, and 1031 exchanges), Advisory (sale-leaseback structuring and portfolio strategy), Capital Markets (debt placement and structured finance), Development (build-to-suit and ground-up projects), and Principal Investments (direct equity partnerships). Surmount has completed over $38 billion in total transaction volume.