The second benefit to the tenant is that the amount charged by the landlord is certainly lower than in the case of a Gross Lease. Also, in some cases, the tenant is a known company or brand, and thecapitalization ratefor the lease amount is lower due to the creditworthiness. Advantages t...
As of December 31, 2023, the company owned 3,532 properties in 49 states with a gross leasable area of approximately 36.0 million square feet and a weighted average remaining lease term of 10.1 years. NNN is one of only three publicly traded REITs to have increased annual dividends for 34 ...