Task guide

Build a Single Tenant Net Lease document

Use one tenant, one lease, Price/SF, Base Rent, and the dedicated Net Lease Summary without multi-tenant fields.

20 to 40 minutesFor Single Tenant Net Lease investment sales teamsIntermediateLast verified September 6, 2026

Outcome

The document presents one verified tenant and lease with the correct net-lease scope, metrics, and summary page.

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

Confirm the asset is truly single-tenant

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.

Single Tenant Net Lease workflow

One tenant record and one lease feed the dedicated summary.

  • Property FactsNet Lease Summary
  • Tenant ContextNet Lease Summary
  • Tenant & LeaseFinancial Analysis
  • Financial AnalysisNet Lease Summary
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

Suggested Net Lease property data

Suggested Net Lease property data
FieldRequirementWhat it meansFormatUnitsSave behaviorDownstream effect
TenantRequiredSingle occupant identity.Plain-text verified tenant nameNot applicableThis Property Data row autosaves two seconds after the value stops changing; enter the modeled tenant separately in Tenant & Lease.Adds tenant identity to property facts but does not create or replace the dedicated Tenant & Lease record.
Credit RatingOptionalVerified tenant-credit fact with an appropriate source date.Plain-text rating, agency, and source dateNot applicableProperty Data autosaves two seconds after the value stops changing.Adds sourced credit context to the Net Lease presentation without changing financial calculations.
Lease TypeRecommendedNNN, Net, Ground Lease, or Custom.Plain-text supported lease typeNot applicableThis Property Data row autosaves two seconds after the value stops changing; select the modeled type separately in Tenant & Lease.Adds narrative lease context but does not replace the dedicated lease-type selection.
Lease Term and ExpirationRecommendedVerified contractual period.Plain text with calendar dates or stated termDates and yearsThis Property Data row autosaves two seconds after the value stops changing; save modeled dates separately through Tenant & Lease Continue.Adds sourced term context without driving the calculated Remaining Term unless dates are also entered in Tenant & Lease.
Rent IncreasesOptionalNarrative source fact in Property Data.Plain text stating amount, cadence, and effective timingAs stated in the verified lease sourceProperty Data autosaves two seconds after the value stops changing.Displays verified escalation context only; the dedicated Net Lease form does not model this row in cash flow.
Renewal OptionsOptionalVerified option terms.Plain text stating option count, length, and pricing basisYears and source-stated pricing basisProperty Data autosaves two seconds after the value stops changing.Displays verified 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.

Do not overstate modeled fields

The current dedicated Tenant & Lease form does not expose the generic custom escalation or reimbursement controls. Property Data can describe verified terms, but the guide must not imply they drive the current cash-flow engine unless visibly modeled.

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 does not happen: 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 the approved source.

    Expected result: Price/SF uses verified inputs.

    If this does not happen: 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 does not happen: 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 does not happen: 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 does not happen: If Continue fails, confirm Tenant Name and SF greater than zero.

  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 does not happen: 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 does not happen: 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 verified
  • Credit facts sourced
  • Lease structure and dates complete
  • Remaining term checked
  • Net Lease Summary reviewed

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