There are any number of ways to add value to a net-leased property, most of which fall under the capital expenditure umbrella. However, there is one no-cost method to strengthen an owner's position, especially before a disposition: lease negotiation.
Net lease property values are defined by their future revenue potential. That's why locking a creditworthy tenant into a long-term lease can have much more of an impact on an asset's price than a fresh coat of paint ever could.
Those investors with the will and ability to hold onto a net-leased property for the long term can reap dividends for years. This position also allows one to wait for optimal conditions before selling an asset. Of course, one can create those ideal conditions through well-timed lease negotiations.
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