The 1031 exchange is the single most powerful tool available to real estate investors — and NNN triple net properties are the ideal replacement asset.
A 1031 exchange (IRC Section 1031) allows investors to sell investment real estate and reinvest into qualifying replacement properties while deferring capital gains taxes. Done correctly, exchanges can be rolled forward indefinitely, building generational wealth without a single dollar lost to the IRS at the time of sale. Single tenant net lease (NNN) properties — with their passive income, corporate tenants, and long lease terms are widely regarded as among the cleanest, most reliable replacement assets available.
Solid Investments FL is a Florida based commercial real estate brokerage specializing in single tenant net lease (NNN) investments and 1031 exchange buyer representation. Headquartered in Lakewood Ranch (Sarasota), Florida, we help investors across Florida and nationwide identify, evaluate, and acquire NNN investment properties. 21+ years. 225+ transactions. Over $1 billion in career volume.
Our buyer representation is always free to you.
Backup tip: Many of our 1031 clients list a DST (Delaware Statutory Trust) as a backup on their 45-day identification, a simple safety net if a property deal falls through late in the exchange. Learn how DSTs work →
Solid Investments FL is a Florida NNN buyer's brokerage headquartered in Lakewood Ranch (Sarasota), serving investors across Florida and nationwide, and specializes exclusively in representing buyers of single-tenant net lease properties — including 1031 exchange investors. With 21+ years of experience, 225+ transactions and over $1 billion in career volume, we help investors identify, vet and close NNN replacement properties in Florida and nationwide within their 45-day and 180-day exchange deadlines. Our buyer representation is free.
No. Solid Investments FL's buyer representation is free to you. Our commission is paid by the seller through the listing side at closing, so you get an experienced advocate on your side of the deal at no cost.
A 1031 exchange (IRC Section 1031) allows you to sell an investment property and reinvest the proceeds into a like-kind replacement property, deferring capital gains taxes in the process. To defer all of the tax, you generally need to reinvest all of the net proceeds and buy property of equal or greater value. Done correctly, exchanges can be rolled forward indefinitely to build generational wealth.
You have 45 days from the close of your relinquished property to identify your replacement property in writing to your Qualified Intermediary. This deadline is absolute — no extensions are permitted.
You must close on your identified replacement property within 180 days of selling your relinquished property, or by your tax return due date (including extensions) if that comes first. NNN triple net properties typically close in about 30 days for cash buyers and about 60 days with financing, making them well suited to meeting this deadline.
The 3-property rule allows you to identify up to 3 replacement properties of any combined value within your 45-day window. You may ultimately close on one, two, or all three of the identified properties.
Yes. Any U.S. real property held for investment or business use is like-kind to any other, so you can sell in one state and buy a NNN property in another. Some states (California, for example) track deferred gain on property sold there, so confirm the details with your CPA and Qualified Intermediary.
Yes. A rental home, apartment building, raw land or commercial building held for investment can all be exchanged into a single-tenant NNN property. Many investors use a 1031 exchange to trade hands-on rentals for passive, corporate-backed net lease income.
NNN triple net properties are ideal 1031 exchange replacements because they close quickly (about 30 days for cash buyers, about 60 days with financing), require little to no landlord management, are backed by corporate tenants such as McDonald's, Walgreens and Chase Bank, and provide long-term predictable income with built-in rent increases.
This is general information, not tax or legal advice. Consult your CPA, attorney and Qualified Intermediary about your specific exchange.
We specialize in identifying and closing NNN replacement properties within your exchange window. Our service is completely free to the buyer.
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