STNL Property Search
Single tenant net lease properties with long-term lease structures
STNL property search services help investors locate single tenant net lease properties with long-term lease structures that qualify for 1031 exchange replacement. We provide nationwide search capabilities focused on properties with credit tenants, absolute triple net lease terms, and lease structures that transfer all property operating expenses to tenants. Our Columbus, OH team understands the specific requirements of STNL properties, including tenant credit analysis, lease term verification, and rent escalation review. We coordinate identification within the 45-day window and ensure closing timelines meet the 180-day requirement. Our process integrates with Qualified Intermediary coordination and qualified escrow requirements to ensure all identified properties meet IRS like-kind standards.
What's Included
- Nationwide STNL property database search
- Tenant credit and financial analysis
- Lease structure review and verification
- Rent escalation and renewal option analysis
- Market comparables and cap rate review
- Identification letter preparation
- Qualified Intermediary coordination
- Closing deadline tracking
Common Situations
Investor selling a commercial property in Columbus, OH seeks to identify STNL retail properties with credit tenants
Portfolio owner disposing of multifamily assets wants to transition to single tenant net lease properties
Developer completing a land sale needs to identify stabilized STNL replacement properties with long-term leases
Frequently Asked Questions
What STNL properties qualify for 1031 exchange replacement in Columbus, OH?
STNL properties in Columbus, OH and nationwide qualify for 1031 exchange replacement if they are held for investment and meet like-kind requirements. This includes single tenant retail, office, and industrial properties with absolute triple net lease structures where tenants pay base rent plus property taxes, insurance, and maintenance costs. The property must be real property held for investment purposes, and both the relinquished and replacement properties must meet like-kind standards.
How is boot calculated in an STNL property exchange in Columbus, OH?
Boot in an STNL property exchange in Columbus, OH is calculated as non-like-kind value received minus non-like-kind value given up. Common boot sources include cash received, debt relief exceeding replacement property debt, and personal property or tenant improvements included in the transaction. We help structure exchanges to minimize boot exposure while maintaining compliance with IRS regulations.
What tenant credit analysis is required for STNL replacement properties in Columbus, OH?
Tenant credit analysis for STNL replacement properties in Columbus, OH should include review of tenant financial statements, credit ratings from major rating agencies, corporate guarantee strength, lease term remaining, rent payment history, and tenant industry stability. We coordinate these reviews to ensure replacement properties meet credit quality standards and provide reliable income streams.
Can I identify STNL properties outside Ohio for my Columbus, OH exchange?
Yes, investors completing exchanges in Columbus, OH can identify STNL replacement properties anywhere in the United States. Like-kind real property rules apply nationwide, allowing flexibility in property location while maintaining tax deferral benefits. We provide nationwide STNL property search and identification support regardless of where the replacement property is located.
What lease terms should I verify for STNL replacement properties in Columbus, OH?
Lease terms for STNL replacement properties in Columbus, OH should be verified for absolute triple net structure, lease term remaining, rent escalation provisions, renewal options, tenant maintenance obligations, and property tax responsibility. We review lease documents to ensure all terms meet investment criteria and comply with exchange requirements.
Example Engagement
Example of the type of engagement we can handle
Client Situation:
Investor selling a mixed-use property in Columbus, OH seeks to identify STNL properties with investment-grade tenants and absolute triple net lease structures
Our Approach:
We searched nationwide STNL properties, analyzed tenant credit ratings and financial strength, reviewed lease structures for absolute triple net terms, and prepared identification documentation
Expected Outcome:
Client identified qualifying STNL properties with credit tenants and long-term lease structures, with all tenant analysis completed within the 45-day identification window
Educational content only. Not tax, legal, or investment advice. Not tax, legal, or investment advice. Consult a qualified intermediary and tax advisor before making decisions.
Ready to Start Your 1031 Exchange?
Get expert guidance for your exchange. Contact us today to discuss your situation.