An Overview Of Sample NNN Properties

by Robert Taylor Triple net property Expert

In this blog, we'll discuss the Sample NNN properties for sale along with the advantages and the entire ways one should approach for a lease an agreement such as Gross lease, Net lease, NNN lease, NN lease, Absolute lease, or Bond lease. The differences between these common structures have been explained here.

These lease structure agreements describe the term of the leases. In case of gross lease all the gross also known as operating expenses of the property are handled by the landlord: Like property insurance fees, maintenance costs, and real estate taxes are paid by the owner of the property. A net lease must have a rent payment that covers the operating expenses net or excluding individual costs. The more 'nets' the lease will have fewer property expenses, the lease payment will cover. Now let's find out why NNN investments are popular among real estate investors and how we should make the choice of location.

 

What is a 'triple-net lease' investment?

 

'NNN lease' are the contracts under which an agreement takes place between the tenant and owner of the property. Sometimes these leases are also known as 'triple-net lease,' under which the tenant of the property pays all the property expenses along with the base rent — allowing the owner of the property to get relief from all the burden of paying the maintenance expenses of the property. This is the best type of investment chosen by the investor for the steady flow of income from the property they own without spending anything. Under this, the tenant of the property also pays expenses like utilities and insurance. The base rent under a NNN lease is low as compared with the gross lease.

Before knowing about Sample NNN properties for sale, an investor should know about the choice of location:

Strong demographics and the prominent parcel is the key to success. Therefore when the investor purchases a NNN property, the essential point to be considered is the location. The property which the investor decides to buy should have a good number of residents who require the product or the service that the tenants provide. The property must be reachable from the main road; easy access for the client should be there to enter and leave. The locations that are close to many tenants have the benefit of being treated as a destination for shoppers.

 

Points to check before purchasing a triple-net property:

* Location – How easy would it be to replace a tenant if you lose him?

* Is the tenant a national chain or a franchisee?

* How experienced is the franchisee and how many other properties does it have?

* How much time remains on the lease? If there's more time, the property would be more valuable.

* What's the financial performance of the location in the last few years?

 

Individual tax situations can differ and can be quite complex. It is advisable to seek guidance from a tax professional in a specific situation. If you are looking for Sample NNN Properties, call Triplenetlease at 1-888-993-2835 or drop an email: info@triplenetlease.com.

 

Sponsor Ads

• Ad Space Available - Rent it Now!

Created on Aug 20th 2019 08:25. Viewed 393 times.

Comments