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Task guide

Build a Single Tenant Net Lease document

Market a single-tenant NNN asset with tenant and credit context, lease term, Base Rent, cap rate, and a dedicated Net Lease Summary.

20 to 40 minutesFor brokers selling single-tenant net lease propertiesIntermediateLast verified October 5, 2026

Outcome

Your document presents one tenant and lease, remaining term, Price/SF, and cap rate on a Net Lease Summary.

Navigation path

Create New > Single Tenant Net Lease > Document wizard

Access

Document creation access

On this page

Before you start

Data, sources, and access to prepare

  • One tenant
  • Lease abstract and rent schedule
  • Building SF and selling price

Confirm the asset is truly single-tenant

Confirm the asset is truly single-tenant
AreaNet Lease behavior
TenantsOne tenant record
Occupancy and vacanciesNo vacancy rows
Primary metricPrice/SF
Rent basesSF/Yr or Annual
Lease typesNNN, Net, Ground Lease, Custom
ReimbursementsHidden
Tenant ProfilesHidden
Rent Roll labelTenant & Lease

Capture tenant and lease context

Rent bumps are presented, not projected

Tenant & Lease has no rent-increase or reimbursement inputs. With Full Financials, the cash flow holds base rent flat in every projected year unless an earlier growth rate was saved on the record. Put the bump schedule in the Rent Increases row so buyers see it, and check the projected base rent before you publish.

Suggested Net Lease property data

Tenant Required

Single occupant identity.

Format
Plain-text tenant name
Units
Not applicable
Save behavior
This Property Data row autosaves two seconds after the value stops changing; enter the modeled tenant separately in Tenant & Lease.
Downstream effect
Adds tenant identity to property facts but does not create or replace the dedicated Tenant & Lease record.

Credit Rating Optional

Tenant-credit fact with an appropriate source date.

Format
Plain-text rating, agency, and source date
Units
Not applicable
Save behavior
Property Data autosaves two seconds after the value stops changing.
Downstream effect
Adds sourced credit context to the Net Lease presentation without changing financial calculations.

Lease Type Recommended

NNN, Net, Ground Lease, or Custom.

Format
Plain-text supported lease type
Units
Not applicable
Save behavior
This Property Data row autosaves two seconds after the value stops changing; select the modeled type separately in Tenant & Lease.
Downstream effect
Adds narrative lease context but does not replace the dedicated lease-type selection.

Lease Term and Expiration Recommended

Contractual period.

Format
Plain text with calendar dates or stated term
Units
Dates and years
Save behavior
This Property Data row autosaves two seconds after the value stops changing; save modeled dates separately through Tenant & Lease Continue.
Downstream effect
Adds sourced term context without driving the calculated Remaining Term unless dates are also entered in Tenant & Lease.

Rent Increases Optional

Narrative source fact in Property Data.

Format
Plain text stating amount, cadence, and effective timing
Units
As stated in the lease source
Save behavior
Property Data autosaves two seconds after the value stops changing.
Downstream effect
Displays escalation context only; the dedicated Net Lease form does not model this row in cash flow.

Renewal Options Optional

Option terms.

Format
Plain text stating option count, length, and pricing basis
Units
Years and source-stated pricing basis
Save behavior
Property Data autosaves two seconds after the value stops changing.
Downstream effect
Displays option context without extending the calculated lease term or cash-flow model.

Required means the field is needed to complete or support this workflow. Some screens allow a draft to save before every required item is complete. The steps and troubleshooting call out controls the product actively blocks.

Complete the Net Lease workflow

Net Lease steps

  1. 1

    Select Single Tenant Net Lease

    Create New, Select Property Type

    Choose Single Tenant Net Lease only for one-tenant assets.

    Expected result: Tenant & Lease and Net Lease terminology activate.

    If this step does not work

    Use Retail, Office/Medical, or Industrial when multiple tenants or vacancies must be modeled.

  2. 2

    Verify property economics

    Property Details

    Compare the building SF and price with your source.

    Expected result: Price/SF uses inputs.

    If this step does not work

    Correct either input before adding tenant context if the metric is wrong.

  3. 3

    Add tenant and lease facts

    Property Data

    Add sourced tenant, credit, lease-term, increase, and option facts.

    Expected result: The narrative facts are supported by the source.

    If this step does not work

    Remove unsourced or stale credit claims.

  4. 4

    Choose financial scope

    Financial Scope

    Choose Full Financials, Cap Rate & NOI, or Skip Financials.

    Expected result: The matching financial path appears.

    If this step does not work

    Rent Roll Only is not available for this property type.

  5. 5

    Complete Tenant & Lease

    Tenant & Lease

    Enter tenant name, SF, lease type, rent basis, dates, and notes.

    Expected result: The single tenant saves and remaining term calculates.

    If this step does not work

    If Continue fails, confirm Tenant Name and SF greater than zero.

    Populated net lease editor showing the property-specific fields used in this example.
    Review the populated net lease example and verify the units, property facts, and applicable model before preparing your own document.
  6. 6

    Complete valuation

    Valuation

    Enter full analysis assumptions or quick Cap Rate & NOI facts according to scope.

    Expected result: The intended financial metrics save.

    If this step does not work

    Return to Financial Scope if the analysis depth is wrong.

  7. 7

    Review Net Lease Summary

    Review & Customize

    Check tenant, credit context, lease dates, remaining term, Base Rent, Price/SF, and summary footnotes.

    Expected result: The final page matches the lease abstract.

    If this step does not work

    Correct the underlying property, tenant, or valuation input.

Resolve Net Lease issues

A second tenant cannot be added

Likely cause: This property type is intentionally single-tenant.

  1. Confirm the asset classification.
  2. Change to a commercial multi-tenant type if needed.
Rent Roll Only is absent

Likely cause: Net Lease filters that scope option.

  1. Use Full Financials for Tenant & Lease plus analysis.
  2. Use Cap Rate & NOI for headline facts.
Remaining term says Expired

Likely cause: The saved lease end is before today.

  1. Verify the source lease end.
  2. Update only with a documented amendment or renewal.
  • One-tenant classification confirmed
  • SF and price match the source
  • Credit facts sourced
  • Lease structure and dates complete
  • Remaining term checked
  • Net Lease Summary reviewed

Related guides

Enter Single Tenant Net Lease financials

Enter one tenant and one lease, and CREBuilder annualizes the rent, counts down the remaining term, and builds a dedicated Net Lease Summary.

Open guide

Choose and change the financial scope

Pick how much financial analysis your document shows, from a full cash flow to headline numbers only, and switch later without losing your data.

Open guide

Verify financial pages before publishing

Do a final pass on the financial pages before you send: the right pages, the right labels, and numbers that tie out.

Open guide

Your next OM, done this afternoon

Turn your property facts, photos and financials into a polished, branded offering memorandum. Most brokers finish in 30 to 90 minutes.

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