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03.09.2015 · Strength of tenant must be understood when considering the purchase of NNN investment property. Banks, pharmacies, dollar stores and auto part stores are.
Find Triple Net NNN properties in Maine, ME. NNN Properties are lease agreements between the tenant and the landlord in so the tenant agrees to pay for the property taxes, property insurance, any repairs, or remodels to the property in exchange for a lower rent.
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A triple net lease agreement is a document used when a tenant (''Lessee'') is paying costs in addition to the rental cost of the property. In a triple net lease, the lessee agrees to pay all costs the property is subject to, including real estate taxes, insurance, and maintenance costs.
The NNN Lease, often just called the triple net lease, is a common lease structure used in commercial real estate. Despite the popularity of the NNN lease, the triple net lease structure is still commonly misunderstood by many commercial real estate professionals.
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Triple net NNN properties are a lease agreement between the tenant and the landlord in so the tenant agrees to pay for the property taxes, property insurance, any repairs, or remodels to the property in exchange for a lower rent.
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