NNN Leased Properties
You might say the benefits of the triple net lease (NNN) are pretty obvious for the investor. The investor is able to avoid all the maintenance and operational costs typically required of owners and pass most expenses and duties on to the tenant. The investor collects a monthly net rental income, while the tenant pays everything from property taxes and insurance premiums to utilities and repair costs. It's apparent that purchasing NNN lease property is advantageous for the investor, but what about the tenant? Why would a tenant agree to take on the expenses involved in a NNN lease? Why would a tenant be willing to handle all the time-consuming tasks necessary in operating and maintaining NNN property? It is a fact that many large companies actually prefer leasing. One of the major reasons for this is that leasing enables many larger enterprises to free up cash for other business-related activities. Many tenants find benefit in having physical control over their buildings without having to commit their own capital. Frequently, tenants of NNN leased properties work hard at associating their leased properties with their company images. As such, the NNN lease tenant tends to take very good care of the leased building. We at TM 1031 Exchange seek to connect investors like you to NNN properties, as well as all types of commercial real estate. For information about finding NNN properties, phone us toll-free at 1-877-4TM-1031. For those who prefer e-mail, our e-mail team@tm1031exchange.com.
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