What is an NNN group?

What is an NNN group?

About us. The NNN Pro Group is the top producing team specializing in net lease properties nationwide. We maintain the largest inventory of exclusively listed properties and have completed more sale-leasebacks than any other firm. To date, we have closed over 3,500 properties totaling over $5.5 billion.

What are the disadvantages of NNN?

The very apparent disadvantage to the tenant in a NNN lease is the costs associated with the property that they have to bear no matter what. Unlike the rent of the property, which is pre-decided in the agreement, the costs are not fixed. Tax rates and insurance premiums can increase.

Is full service the same as NNN?

The triple net (NNN) lease is a lease structure where the tenant is responsible for paying all operating expenses associated with a property. This is in contrast to a full service lease where the landlord is responsible for paying all operating expenses associated with a property.

What are NNN expenses?

NNN Expenses are the fees paid by a commercial tenant for their share of the common area maintenance, real estate taxes, and landlord insurance premiums. Commercial leases where the tenant pays these expenses are referred to as triple net leases.

What are the disadvantages of triple net lease?

Drawbacks to a Triple Net Lease There is an inherent danger in using a triple net lease with regards to the unknown. Unexpected and substantial damage to the property could significantly increase your monthly maintenance and repair costs.

Is triple net good?

Triple net lease investments generate a long-term, steady source of income for you while offering both stability and flexibility, and tend to be relatively straightforward to own and operate. Taking a look at a triple net investment property for sale is certainly one of the smarter investments you can make.

What do triple net include?

A triple net lease includes property taxes, insurance, and maintenance costs, in addition to the base rent. Tenants may attempt to get out of a triple net lease because of the high costs associated with them, so landlords generally use a bondable net lease.

What expenses are typically passed through to a tenant in a triple net lease?

With a triple net lease, the tenant promises to pay all the expenses of the property, including real estate taxes, building insurance, and maintenance. These payments are in addition to the fees for rent and utilities.

What is the difference between a net lease and a triple net lease?

The tenant pays for property taxes, insurance, and maintenance of the roof, structure, and common areas of the NNN property. The difference between a triple net lease and an absolute net lease is that in a triple net lease, the tenant may not pay for expenses directly.

What is the benefit of a NNN lease?

Under a NNN lease, the landlord benefits by receiving a steady income stream without the necessity of calculating expected loss due to tax increases or maintenance emergencies.

What is an average return on triple net lease?

You can realistically expect a 5–7% ROI, a healthy monthly income, and tax benefits that preserve capital. NNN investments balance the high-risk nature of the stock market and create a dependable wealth strategy.