More income comes from a gravel pit, a tree farm and leased property at the side of the lake.

ECONOMIST: Endangered species

Current accounting rules allow retailers that sign certain long-term leases to omit the leased property from their balance sheets. (The basic rule is that omission is acceptable if the lease term is less than 75% of the useful life of the building.) But the Financial Accounting Standards Board may change that next year.

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While the property is 94% leased, that new capital will enable the property to complete a stalled conversion to an outlet destination.

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They built a cabin on the property which they leased.

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Cambodia's 2001 land law declares all lakes public property that cannot be leased for more than 15 years.

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The property is presently 99% leased on a long-term basis to eight tenants.

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Their problem is common in Russia: They built on land leased from the city, paying rent and property taxes for 16 years, but never managed to obtain registration for the house.

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The triple-net REITs own properties leased primarily to single tenants in separate buildings who pay for all maintenance expenses, property taxes and insurance.

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To get that 8% using property, investors aren't just buying shares of publicly listed REITs or owning easy things like leased office buildings.

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