A triple-net lease, or NNN, is a structure in which the tenant pays the three major property costs, property taxes, insurance, and maintenance, on top of base rent, leaving the owner with a nearly hands-off, bond-like income stream.
Log in to followTwo infill land parcels I'd been sitting on for six years finally sold this spring, and the proceeds went into a single tenant drive-thru restaurant pad. Closed about six weeks ag…
Closed six weeks ago on an 8,300 sf small-format discount retail building in a town of about 4,500 in the upper midwest. Corporate lease, investment-grade parent guaranty, 13 year…
Not buying yet was the plan for most of last year, so I built a screen and ran everything through it. Posting the screen and the deal that finally cleared it, because the eleven p…
I've spent two years reading here before buying anything, so this is my one purchase and I don't have a pattern to compare it to yet. It's a freestanding QSR pad, about 2,400 sf,…
First deal, and I want to write it down while the numbers are still exact. 8,400 square foot single tenant retail box, auto parts style user, secondary market in the upper midwest…
I closed on a 9,600 square foot single tenant retail box last year, a discount general merchandise user, small town, corporate lease with seven years left. Rent $170,400. I paid a…
Posting this because I bought it partly on advice I got in rooms like this one and the failure wasn't in the math I did. It was in the question I never asked. 11,600 sf single-ten…