Double and triple net leases have been in vogue for some time now.  I think you'll find that NNN Leases rise in popularity will closely parallel the overall interest in Section 1031.

Triple Net properties tend to be "Equity Investments", rather than "Cash Flow Investments".  The investor will usually finance a significant portion of the purchase price and pay the resulting mortgage with the lessee's monthly owed rent.  The investment payoff does not result from the monthly cash flow, but rather from the equity acquired using the lessee's rent money. 

Few real estate investments are simpler than investing in a triple-net-leased property.  It has even been compared to buying a bond.

Believe & Succeed,
Dale
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