Zero Cash Flow Net Leased Property: Structure, Financing, Advantages, Disadvantages, Tax and Regulatory Considerations
A live 90-minute premium CLE video webinar with interactive Q&A
This CLE webinar will discuss zero net cash flow leased property, where all net operating income services the debt owed on the property. The panel will review the financing, documentation, tax, and regulatory considerations in zero cash flow deals and will highlight the advantages and disadvantages of these types of transactions.
Outline
- Overview: characteristics of a zero net cash flow deal
- Current demand for zero net cash flow deals
- Illustration of a zero net cash flow transaction
- Advantages and disadvantages of a zero net cash flow lease
- Structuring issues
- Financing considerations: sale-leaseback
- Tax considerations: Section 467 and 1031 exchanges
- Why investors should consider a zero net cash flow leased property
- Practitioner pointers and key takeaways
Benefits
The panel will address these and other key considerations:
- What are the key characteristics of a zero net cash flow lease?
- How do zero net leases work and how are they structured?
- What are the pros and cons of zero net leases?
- What are the financing considerations with zero net leases?
- What are the important tax and regulatory considerations?
Faculty

Ken Miller
Shareholder
Gorman & Miller
Mr. Miller specializes in commercial real estate transactions. Since 1999, he has represented clients in successfully... | Read More
Mr. Miller specializes in commercial real estate transactions. Since 1999, he has represented clients in successfully closing over $4 billion of commercial real estate transactions throughout the United States, primarily involving net leased properties. His recent transactions include over $500 million in sale-leasebacks with public companies, such as Rite Aid, Pep Boys and Fleetwood Enterprises.
Closeto be announced.
Early Discount (through 04/18/25)