Commercial · NNN & Net Lease
NNN & net-lease investment property in Florida.
Triple-net (NNN) and net-lease assets are how many investors hold real estate without the day-to-day management — a tenant on a long-term lease pays the rent plus most or all of the taxes, insurance, and maintenance. We help passive and 1031-exchange investors acquire net-lease property across Florida.
Cap rate · Central Florida
5.25% – 6.5% (credit) · 6.5% – 8.0% (non-credit)
Investment-grade tenants on 10+ year terms price tightest; shorter terms and local operators trade wider.
Indicative Central Florida ranges for actively trading product (2026 market read). Cap rates vary by submarket, tenant credit, lease structure, and condition — a starting point for underwriting, not a substitute for a comp-based valuation.
What "triple-net" actually means
In a true NNN lease, the tenant is responsible for the three "nets" — property taxes, building insurance, and maintenance — on top of base rent, leaving the owner with a comparatively hands-off, predictable income stream. The most common net-lease assets are single-tenant essential retail: pharmacies, quick-service and fast-casual restaurants, dollar and convenience stores, auto-service, and similar. Value turns on the strength of the tenant's credit, the length and structure of the lease (term remaining, rent bumps, options), and the location.
A natural fit for 1031 exchanges
Net-lease property is one of the most popular landing spots for 1031-exchange capital, because it can deliver passive, durable income on a predictable timeline — exactly what an exchange buyer working against a 45-day identification and 180-day close window needs. Florida's growth and lack of a state income tax make it a frequent target for that capital. We help exchange and passive investors evaluate tenant credit, lease structure, and location, and coordinate around the exchange clock.
What to weigh
- Tenant credit — investment-grade vs. franchisee vs. local operator
- Lease term remaining, rent escalations, and renewal options
- True NNN vs. NN or modified — who really pays taxes, insurance, roof & structure
- Location and re-tenanting prospects if the tenant ever leaves
- 1031 timeline — 45-day identification and 180-day close windows
Live Stellar MLS inventory
NNN & Net-Lease Investmentfor sale & lease
$32,000,000
5995 W Irlo Bronson Memorial Hwy
Kissimmee, FL 34747
95,480 sqft · 7.46 ac
Acreage & Unrec
MLS ID #O6386757, COLDWELL BANKER REALTY.
Listing provided by Stellar MLS
$24,600,000
648 Poinsettia Ave
Clearwater Beach, FL 33767
18,412 sqft · 1.1 ac
Mandalay Unit 5 Rep
MLS ID #TB8363396, VIEWPOINT REALTY INTERNATIONAL.
Listing provided by Stellar MLS
$20,080,000
66 Road 66 & Road 3
Canovanas, PR 00729
33 ac
Canovanas Shopping
MLS ID #PR0000396, WINER PROPERTY GROUP.
Listing provided by Stellar MLS
$19,999,900
11901 Fort King Hwy
Thonotosassa, FL 33592
31,550 sqft · 21.97 ac
MLS ID #TB8413142, PREMIER SOTHEBYS INTL REALTY.
Listing provided by Stellar MLS
$19,500,000
800-802 Estero Blvd
Fort Myers Beach, FL 33931
1.74 ac
Royal Beach Club Condo
MLS ID #C7511872, KELLER WILLIAMS REALTY FT MYER.
Listing provided by Stellar MLS
$18,900,000
5758 Hamlin Groves Trl
Winter Garden, FL 34787
9.16 ac
Hamlin Southwest
MLS ID #O6386379, COLDWELL BANKER REALTY.
Listing provided by Stellar MLS
$18,000,000
265 Causeway Blvd
Dunedin, FL 34698
1.05 ac
MLS ID #TB8418843, PALM LIFE REALTY.
Listing provided by Stellar MLS
$17,000,000
504 S Gulfview Blvd
Clearwater, FL 33767
20,700 sqft · 0.89 ac
Columbia Sub 5
MLS ID #U8232488, VIEWPOINT REALTY INT'L INC.
Listing provided by Stellar MLS
$16,000,000
28850 S Jones Loop Rd S
Punta Gorda, FL 33982
143.96 ac
MLS ID #TB8420781, ATKINSON REALTY & AUCTION.
Listing provided by Stellar MLS
$15,750,000
429 E 3rd Ave
New Smyrna Beach, FL 32169
7.63 ac
MLS ID #O6159759, COLLADO REAL ESTATE.
Listing provided by Stellar MLS
$15,500,000
3821 Sw 43rd Ct
Ocala, FL 34474
7.07 ac
MLS ID #OM709317, SUNCOAST PROPERTY MANAGEMENT L.
Listing provided by Stellar MLS
$15,000,000
Address Withheld
2 ba · 1,500 sqft
MLS ID #1071297, Landshark Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 23, 2026 at 2:17 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA
NNN & Net-Lease Investment — frequently asked
- What is a NNN (triple-net) lease?
- A lease where the tenant pays base rent plus the three "nets" — property taxes, insurance, and maintenance. That structure gives the owner a relatively passive, predictable income stream, which is why net-lease assets appeal to hands-off and 1031 investors.
- Why are net-lease properties popular for 1031 exchanges?
- They offer passive, durable income on a predictable timeline — well-suited to an exchange buyer racing a 45-day identification and 180-day closing window. Florida's growth and no state income tax make it a frequent target for exchange capital. (See our 1031 exchange guide.)
- What should I check before buying a NNN asset?
- The big three are tenant credit, lease structure (term remaining, rent bumps, options), and location/re-tenanting prospects. We also confirm whether it's truly triple-net versus a modified structure where the owner still carries some costs.
NNN & Net-Lease Investment — buy, lease, or sell
Tell us the deal.
Use case, target submarket, and timeline — we'll line up the right nnn & net-lease investment and handle the deal from offer to close. Or call 321.373.3536.
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