Also Read:Lease Vs Rent Triple Net Lease (NNN Lease) This is the most commonly usedtype of leasefor commercial and even some residential estates. Here the tenant will pay for everything from rent, property taxes, insurance, and common area maintenance and repair expenses. These are also known...
Understanding the market and your competition is very important. Demand for NNN properties is usually very high. When a NNN property with a strong tenant, long-term lease and quality location comes to market, the seller often receives multiple full-price offers the first day on the market. The...
Property type you’re looking for:Some property types, such as a retail space for lease, could affect rental rates and competition. So, it’s in your best interest to research the type of property you want to lease vs. the type of property that’s high-risk. Takeaways A triple net le...