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Triple Net Properties, (Net-Net-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance on the property.
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Price: $1,809,415 Cap: 6.5% NOI: $117,612 Square Feet: 2,400sf; Lot Size: 0.87 ac Lease Expiration: 7/25/2018 Rent Increases: 10% increases every 5 years.
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