TIC Properties

The tenant-in-common (TIC) form of ownership for real estate investment of 1031 exchange funds was present prior to 2002 but until the IRS’s release of Revenue Procedure 2002-22, TIC sponsors relied on legal opinion to defend the viability of TIC properties for exchange proceeds. That all changed with the Rev Proc, which provided guidelines clarifying the parameters required to qualify TIC interests as replacement property in a 1031 exchange. Subsequently, TIC investments quickly gained popularity among 1031 exchange investors seeking passive income. With minimums as low as $50,000, investors were able to diversify into multiple TIC properties. TIC properties allowed 1031 exchangers to participate in properties typically available only to institutional buyers. Read more about the benefits of TICs here.

Since 1997, the principals of Realtynet Advisors have assisted 1031 exchange clients invest in 3rd party TIC properties leased to national tenants who guarantee the lease and are responsible for the property’s operating costs. In 2002, Realtynet began to sponsor their own TIC properties, becoming one of the nation’s first TIC sponsors. Scroll to see current TIC properties >>>

With the financial crash of 2007-2008, the number of exchanges diminished and most TIC sponsors either went out of business or turned their attention elsewhere. With the resurgence of 1031 exchanges in recent years, the need for diversification, security, and passive income has motivated real estate companies to offer replacement property to 1031 exchangers. Instead of utilizing the pre-crash TIC form of ownership, sponsors have chosen the Delaware Statutory Trust (DST) structure, which provide similar benefits to TICs.

DST replacement property has many advantages to consider, but DSTs are only available to accredited investors (high net worth or annual income). Therefore, Realtynet Advisors provides 1031 investors who do not meet the accredited investor standard, yet seek secure monthly income without the ongoing management hassle or expense, access to properties from the handful of active TIC sponsors.

Current TIC Properties

Family Dollar – Kansas

$100,000 Minimum Investment
7.50% CAP Rate | Net Lease

This Kansas property was a new construction, and is halfway through it’s initial lease term. There are (6) additional 5-year renewal options. It is ideal for those in a 1031 exchange looking for replacement property without management headaches.

Dollar General – Illinois

$50,000 Minimum Investment
5.75% CAP Rate | 15-Year NNN Lease

This NNN lease offers investors a passive investment opportunity with no landlord responsibilities, and a base lease term that runs through April 30, 2032. The property is a build-to-suit for Dollar General and represents the latest Dollar General prototype construction methods.

Dollar General – Mississippi

$50,000 Minimum Investment
6.00% CAP Rate | 15-Year NNN Lease

This absolute NNN lease offers investors a completely passive investment opportunity with no landlord responsibilities, and a base lease term that runs through August 2030. The property is a build-to-suit for Dollar General and represents the latest Dollar General prototype construction methods.

Kay Jewelers – Pennsylvania

$55,000 Minimum Investment
6.00% CAP Rate | 11-Year NNN Lease

New 2015 relocation store for Kay Jewelers on 11-year NNN Lease with 10% rental increases every 5 years & in the options.

Fresenius Medical Care – OKC

$150,000 Minimum Investment
5.00% CAP Rate | 15-Year NNN Lease

New 2017 facility that is one of Fresenius’ 3,500 dialysis facilities.  The 15-year NNN Lease has 10% rental increases every 5 years & in the options.

Fresenius Medical Care – Utah

$50,000 Minimum Investment
5.00% CAP Rate | 15-Year NNN Lease

This rare Utah TIC property will go fast due to Utah’s vibrant economy and the scarcity of net lease properties with quality tenants like Fresenius.

Noah’s – Indiana

$150,000 Minimum Investment
7.00% CAP Rate | 20-Year NNN Lease

This Noah’s event and conference center was built in 2017 and has annual rent escalations that result in an initial term average of 8.5%.

Past TIC Properties

The following past deals are a small handful of Realtynet’s 100+ past TIC properties.

KinderCare - Colorado Springs

Location 6610 Flying W. Ranch Rd, Colorado Springs, CO
Lease Type NNN - Corporate Guaranteed
Property Type Education
Building Sq. Ft. 9,787
Lot Size 1.83 Acres
Deal Structure DST
Minimum Investment $50,000
Amount Raised $3,289,900

Rite Aid - Dacula

Location 2580 Winder Hwy, Dacula, GA 30019
Lease Type NNN
Property Type Retail
Building Sq. Ft. 13,824
Lot Size 1.88 Acres
Deal Structure TIC
Minimum Investment $50,000
Amount Raised $3,462,141

Piggly Wiggly - Kiel

Location 80 East Park Street, Kiel, WI 53042
Lease Type NNN
Property Type Retail
Building Sq. Ft. 24,245
Lot Size 2.98 Acres
Deal Structure TIC
Minimum Investment $50,000
Amount Raised $2,632,590

Fresenius Medical Care - Villa Rica

Location 130 Prospector Dr., Villa Rica, GA 30180
Lease Type NN
Property Type Medical
Building Sq. Ft. 7,058
Lot Size 1.87 Acres
Deal Structure TIC
Minimum Investment $50,000
Amount Raised $1,750,900

Village Inn - Ogden

Location 322 E. 12th Street, Ogden, UT 84404
Lease Type NNN
Property Type Restaurant
Building Sq. Ft. 7,007
Lot Size 1.94 Acres
Deal Structure TIC
Minimum Investment $50,000
Amount Raised $1,600,000

O'Reilly Auto - Milwaukee

Location 272 E. Capitol Dr., Milwaukee, WI 53211
Lease Type NNN
Property Type Retail
Building Sq. Ft. 6,000
Lot Size .46 Acres
Deal Structure TIC
Minimum Investment $50,000
Amount Raised $1,555,900

*Some of the above photos are representative photos and not photos of the specific property. All other provided details are accurate.