The Triple Net or NNN Lease property is one of the most common kinds of commercial real estate leases. These properties seem simple to investors and hence are the top amongst a slew of widely preferred, realty, investment options. It leaves the entire burden of expense and operation on the tenant rather than the owner….
Month: May 2018
Hidden Risks of NNN Lease Investments
A Triple Net NNN Lease Investments is a commercial property lease agreement in which the tenant agrees to pay rent, common area maintenance expenses, the landlord’s real estate taxes, and the building insurance. In real life, however, NNN leases vary considerably and allocate responsibilities between landlord and tenant with considerable nuance. Because of legal nuance…