Robert03 Jun, 2019Real Estate
A triple-net or NNN (Net, Net, Net) lease is a single-tenant arrangement that requires the tenant to pay necessary property expenses along with the base rent. This kind of investment requires a long term commitment and may lock the tenant for a period of 10-15 years or even more. NNN Investment properties generally include retail, offices, industrial buildings, etc. Luckily for investors, a NNN lease requires the tenant to pay all three major property expenses � insurance fee, property taxes, and maintenance cost.
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