Single Tenant Retail Priority List

The priority list provides property-specific information including addresses and legal descriptions that meet identification requirements for your Boston, MA exchange. When you select properties from the priority list, we help format them into a compliant written identification that you submit to your Qualified Intermediary within your 45-day window. Each property listing includes sufficient detail to satisfy identification documentation needs.

Boot occurs if your priority list property acquisition results in cash back or if the property value is less than your relinquished property proceeds. We help structure acquisitions to minimize boot by identifying priority list properties that match or exceed your exchange basis. If boot is unavoidable, it's subject to immediate taxation, but proper planning with priority list options can help reduce boot exposure in your Boston, MA exchange.

Priority list properties are actively marketed opportunities, and availability can change. We maintain current status updates and can provide alternative options if your selected properties become unavailable. For Boston, MA investors, we recommend identifying multiple priority list properties to provide backup options, especially when using the three-property identification rule or 200% value rule.

The priority list includes convenience stores, pharmacies, quick-service restaurants, auto parts stores, and other daily needs retailers with credit tenants and long-term leases. Properties are selected based on tenant credit quality, lease terms, location strength, and exchange eligibility. All priority list properties qualify as like-kind replacement property for Boston, MA exchanges.

Priority list access is immediate upon engagement, providing Boston, MA investors with instant visibility into pre-vetted replacement property options. We can provide property packages, coordinate tours, and support identification list preparation within days. The priority list is designed specifically to support rapid identification decisions within tight 45-day windows.

Single-tenant retail properties commonly feature absolute triple net lease arrangements where corporate tenants assume complete responsibility for all property-related expenses including real estate taxes, building insurance, structural maintenance, and capital improvements. These absolute net structures differ from standard triple net leases where landlords may retain some maintenance obligations. For Boston, MA investors, absolute net leases provide maximum passivity with investment-grade corporate tenants managing all property expenses while delivering fixed rental payments. The lease terms typically include annual rent escalations and corporate guarantees, creating predictable income streams that support exchange qualification while minimizing ongoing management requirements.