Why Net Lease

Bond-like income,
equity-like ownership.

Net lease real estate combines the predictable cash flows of fixed income with the hard-asset preservation and tax efficiency of direct property ownership.

i.

Passive, bond-like income

Corporate tenants pay all property expenses (NNN) under long-term leases with built-in rent escalations.

ii.

Hard-asset wealth preservation

Direct, deeded ownership of real estate insulates investors from public market volatility.

iii.

Tax-advantaged returns

Bonus depreciation via cost segregation and potential capital gains deferral through 1031 exchanges. Real-world example: 15.4% Year 1 tax savings as a percentage of equity on a recent multifamily acquisition.

iv.

Creditworthy tenants

Backed by nationally recognized American companies and strong regional operators with predictable cash flows.

The Noble Fir Advantage

Aligned, accessible,
and rigorously underwritten.

Limited Partners deal directly with the principal on every transaction. Every opportunity is individually underwritten and presented to a small invited group of investors.

i.

Curated, relationship-based access

Every opportunity is carefully underwritten and presented to investors. LPs work directly with the principal.

ii.

Sponsor co-investment in every deal

The principal invests alongside LPs, ensuring aligned incentives from acquisition through disposition.

iii.

Below-market fee structure

A 7% sponsor promote and LP-favorable economics that leave more cash flow and upside with investors.

iv.

Institutional rigor, principal access

Each transaction underwritten to institutional standards. Decisions made directly by the principal, without committee delay or platform-level approvals.

v.

Early-mover advantage, high-conviction markets

Targeting high-yield, high-growth regions ahead of institutional capital — Wichita MSA, Green Bay MSA, and similar — via direct broker relationships.

Featured Exit

First full-cycle exit, 2024.

A single-tenant NNN specialty asset in Green Bay, Wisconsin. Acquired September 2021 at 27% below list price; held for three full years of uninterrupted distributions; sold December 2024 at a 2.1x equity multiple to all Limited Partners.

2.1x
Equity Multiple
25.4%
Annualized Return
3.25 yr
Hold Period

Additional active and in-contract holdings across California, Louisiana, New Mexico, Kansas, and New York are available for review by qualified Limited Partners upon introduction. Past performance is not indicative of future results.

Limited Partner Access

Review the next deal in the pipeline.

Noble Fir presents a small number of opportunities each year to a curated group of Limited Partners. To be considered, please introduce yourself directly.

Request an Introduction