RESTON, VA-It is not as though the net-lease sector has only recently come into its own--in fact, it has been a steadily growing niche. However, the very low yields offered by bonds and Treasuries has prompted more investors--both individual and institutional--to take a look at this category.

As it happens, net lease experts and Calkain Cos. principals Jonathan Hipp and David Sobelman are just releasing a book that this new group of investors will find helpful. Called “The Little Book of Triple Net Lease Investing,” it is aimed at investors interested in these properties. The book details such advice as properly profiling the tenant as well as determining whether the building’s location is the best and highest use for that particular tenant. Hipp is also a blogger for GlobeSt.com in Net Lease Insider.

This type of investment is becoming increasingly popular--not just because of the sparse opportunities for yield in other financial sectors--but also because a new generation of investors is aging out of their multi-tenant investments.

Baby boomers, namely, are starting to seek out more passive investments and net lease properties can be a good fit, depending on their individual situations, Hipp tells GlobeSt.com. “They are essentially bonds wrapped in real estate,” he continues. “They provide an attractive return plus there is a hard asset.” Institutions also see the category as an important piece to their portfolio for much the same reason, he adds.

Calkain can attest firsthand to investors’ growing demand for net lease properties: it recently opened an office in Delaware in response to institutional clients’ requests for local properties in the state. The company is already working on a few letters of intent there, Hipp says. 

For more information on The Little Book of Triple Net Lease Investing, click here.