I just sold a tripled in Kitchener that was a 5% cap based on longer term tenants which means rents were lower than market.  

If any of them had a triple digit IQ they would have said no,lets come up with a clause that escalates the interest to the current market rate if it is higher or leaves it alone if it's not.So I suggest you look into land trusts that keep the owner as a beneficiary to the amount needed to prevent the lender from proceeding with a due on sale action.

I just want to provide them the property on a long term triple net lease and let them run their business..

However, I "traded in" one of those properties, reinvested in KC, and tripled my cash flow. 

Some have doubled, and some have tripled in value.  

Nothing wrong with some doubles and triples.

Otherwise, you can double, triple, etc. until it is paid in full.As fir your property, usually, you can refinance after a year or two seasoning.

At that time you need a lease that is structured in a way that is appealing to a buyer.For example absolute triple net, corporate guarantee if large corporation with BBB- credit or better.

I am not sure if I need double or triple closing.

I don't want to be a triple poster but does anyone have any tips they could throw me?