Off-market Texas NNN for your 1031 replacement

Most pre-market single-tenant deal flow in Texas clusters along the I-35 corridor between Austin and San Antonio, including Georgetown, Liberty Hill, San Marcos, and New Braunfels, plus the fast-growing DFW collar counties of Collin and Denton and north Fort Worth. Houston buyers focus on high-traffic arterial intersections. Exchango brokers post this inventory directly, off-market, rather than on the open web.

For single-tenant net lease, the asset is the tenant. Underwrite tenant credit and remaining lease term first, then confirm whether the lease is absolute NNN or leaves roof, structure, and parking with the landlord. A short-dated lease or weak guarantor changes everything. Texas growth-corridor pads can look identical on price but differ sharply on terms, so verify before you commit a 45-day identification slot.

Ground leases can suit passive Texas 1031 buyers because the tenant owns the improvements and carries nearly all obligations, which fits a hands-off owner. The tradeoff is reversion and residual land value at lease end. In supply-constrained corridors like the Austin-to-San Antonio stretch of I-35, well-located corner land tends to hold value, but confirm lease term and renewal structure before identifying.

Texas has no state income tax and strong population and employment growth along the I-35 and DFW corridors, which supports retailer expansion and steady single-tenant demand. For a buyer trading out of management-heavy property, that makes Texas a common landing spot for passive NNN income. Execution still matters more than headline price, because the 180-day close leaves no room for a deal that cannot fund on time.

Before any NDA, you see the asset type, the market, the tenant profile, and headline terms, enough to judge tenant credit and remaining lease term against your criteria. The full address, rent roll, and financials unlock once both you and the broker sign an NDA through DocuSign, typically within 24 hours. Messaging stays locked until that NDA is complete, so brokers open the deal only to verified buyers.

A human Exchango admin reviews your uploaded 1031 exchange document before any broker can see you, so the Verified badge is not an automated check. Onboarding collects your legal entity, exchange window dates, equity to deploy, tenant preferences, geographic scope, and lender pre-qualification. That lets Texas brokers holding pocket NNN inventory treat you as a credible buyer. Buyers use Exchango free; brokers pay the subscription.