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ABOUT US

The NNN Properties Group is a vertically integrated commercial real estate advisory team

Specializing in the acquisition, disposition, leasing, development and recapitalization of single and multi-tenant retail net lease investment properties located in dynamic metropolitan markets nationwide.

Intensely client focused, we offer a comprehensive advisory platform that adds value throughout the investment lifecycle and across the capital stack.
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Company Overview

With a combined 60 years of experience in commercial real estate brokerage, The Triple Net (“NNN”) Properties Group delivers deep investment expertise across all aspects of the net lease marketplace.

We offer private investors an unparalleled boutique advisory platform specializing in the acquisition, disposition, leasing, development and recapitalization of single and multi-tenant retail investment properties occupied by national credit tenants in dynamic metropolitan markets nationwide. Atypical from customary investment sales brokers across the country, we provide our clients with a vertically integrated strategic partner capable of adding value and maximizing yield throughout the real estate investment lifecycle and across the capital stack.
Our Approach

At the NNN Properties Group, our investment and service philosophies are built on quality, not quantity of transactions and clients served.

To ensure our clients’ success, we have methodically and strategically developed specialized expertise in the net lease retail space by forging deep relationships with national and regional developers; “Amazon-resilient”, investment-grade corporate retailers; and private and institutional principals, brokers, and lenders operating in vibrant metropolitan statistical areas across the country primed for sustainable economic growth. The cumulative effect of this diligence is the preservation of wealth and maximization of long-term cash flow and appreciation for our clients’ retail net lease investment portfolios.

Our Executive Team

Greg Herz

Principal

NNN Properties Group Principal Mike Ward

Mike Ward

Principal

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Buyer Representation

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Seller Representation

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1031 Exchange Program

NNN Properties Hotel

Landlord Representation

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Development Advisory

NNN Properties Banks

Capital Markets Advisory

A Commitment to Building Relationships Over Commission

While there are several excellent, listing-focused investment brokers across the country who possess the experience and skillset necessary to sell a broad spectrum of net lease properties of varying quality for top dollar (we know all of them)

we recognize that the key to longevity in this hyper-competitive industry — and success in any market cycle — is earning trust and building long-term relationships with sellers and buyers alike by mastering real estate investment fundamentals, with an emphasis on each property’s intrinsic “go dark” value — its highest and best use — in the scenario it’s vacated by the current tenant. While this focus may have limited our firm’s bottom line in the short term, we would rather turn down inferior deals for the sake of building a long-term relationship with an active principal who values our honest approach to the business, and understands we always have their best interests at heart.
A More Critical, Comprehensive Approach to Valuation

We feel strongly that our emphasis on buyer representation at the beginning of our net lease careers — which started before 2007-2008 Financial Crisis — has helped us tremendously in refining our comprehensive valuation methodology that meticulously analyzes all four drivers of an asset’s worth: cash flow, appreciation potential, amortization structure and tax structure.

Mastering these fundamentals is the only way to achieve our singular objective as real estate service providers: to preserve our clients’ equity and help them grow it over a disciplined, long-term investment horizon. This detailed approach is especially prudent in a retail sector that is facing constant disruption by technology and e-commerce giants with the financial and human capital to slow most tenants’ expansion plans at best, downsize their footprints on average, and bankrupt them at worst. Consequently, we have developed the following formula for achieving success in our role as strategic partners for our clients who entrust us to maximize the value of their net lease portfolios:
Our Formula For Net Lease Success
We have targeted our focus on a handful of profitable, creditworthy, dynamic, “Amazon-resilient” national tenants that offer the strongest corporate guarantees in the net lease sector, industry-leading historical financial performance, and the willingness to adapt their business models as needed in the face of disruption to continue thriving. This focus has enabled us to build one of the best databases in the industry with regards to leasing and sales comparables for the top national “daily needs” tenants operating within the grocery, pharmaceutical, discount retail, convenience, and fast food/quick-service restaurant sectors. Additionally, we go beyond valuing the quality of the underlying real estate these tenants occupy and offer clients a critical assessment of each tenant’s financial performance at the operating level, which is an equally important step in the valuation process of a net lease investment opportunity.

More importantly, we limit our business development activities to major metropolitan statistical areas throughout the United States that possess the holy grail of real estate investing: supply-constricted property markets with long-term appreciation potential. The common denominator linking all of our territories we meticulously canvas for opportunity is long-term sustainability driven by dense, skilled populations and robust economic growth spanning multiple industries. Our business is built on the premise that location will always provide the ultimate hedge against re-tenanting risk.

Most importantly, we strive to emulate the vertically integrated model of the top global commercial advisory firms that have been servicing the institutional real estate market for decades by offering a highly specialized version to the rapidly growing pool of private investors that have been flooding the market year-over-year during the current upcycle. Since the last economic downturn until today, we have observed the tremendous influx of new investors into a space that has been historically dominated by pension and life funds, private equity firms and REITs. Consequently, we aim to fulfill the rapidly growing demand for a long-term strategic partner equipped with a diversified skillset needed to help clients add value throughout the investment lifecycle and across the capital stack.
Our Mission

We Help Entrepreneurs Grow and Diversify Their Commercial Real Estate Portfolio.

TESTIMONIALS

What our clients Are saying about us

Working with Greg and Mike on our NNN investments & development has been invaluable. Their deep market knowledge and dedication helped us uncover exceptional opportunities perfectly aligned with our development goal.

Akki Patel LRE & Companies

I love working with Greg and Mike. They always have a great understanding of the real estate transaction and strong relationships that help facilitate a smooth process.

Pacific Development Group refers NNN Properties Group v2
Bob Lewis Pacific Development Group

I am writing on behalf of Ocean Park, LLC (A California Corporation) as well as myself. We have interacted with Greg and Mike on multiple occasions. This has related to management issues related to a commercial retail property as well as advice on legal and business issues. In addition, they have assisted us in purchase and sale of real estate properties. On all occasions, their service has been impeccable, advice extremely considered, and interaction very pleasant. I will strongly recommend their services.

NNN Properties referred by ACRI
Dr. Akshai Runchal ACRI

Greg and Mike are extremely easy to work with and very knowledgeable in the Triple Net property space. I enjoyed working with them on two of my recent transactions and would highly recommend them.

Coastland Refers NNN Properties Group
James Kappen Coastland Partners

Greg and Mike recently assisted us on the disposition of a 14 acre property. They matched the property with the correct buyer which was paramount to a successful transaction. Greg and Mike are professional, diligent, able to perform on complex transactions, and are high integrity people. We look forward to working with them again.

Almquist refers NNN Properties Group v2
Tom Carpenter- Vice President of Development Almquist

Strategic Net Lease Advisors

Investment sales | 1031 Exchange platform | Landlord representation | Development & capital markets advisory
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