1031xchange05 Jun, 2019Real Estate
Triple-net or NNN lease is a single-tenant arrangement that requires the tenant to pay necessary property expenses instead of the investor or property owner. Unlike a standard or gross lease where the tenant is only responsible for paying property rent, a NNN lease requires them to pay additional property expenses along with the base rent. NNN investment is best suited for investors, who want to get rid of the burden of property management. Â
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