Buying my first Triple Net Lease

[Shak Amir]

I usually look at residential properties but a few weeks ago a single tenant triple net leased property became available.

Going cap rates in the area are 6% and this property is at 10%. The current lease has 15 years remaining with 3% annual increases; if the tenant leaves then I know I can rent this place for a lot higher rent.

Is there a resource to learn about additional risks to consider and financing options available.