What Everyone Must Know About NNN Properties For Sale

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What Everyone Must Know About NNN Properties For Sale

There are multiple reasons why real estate investors and property owners are looking for NNN properties for sale before seeking another type of properties. At triplenetproperty.com, we have helped various clients navigate the real estate industry, and we’ve seen just how beneficial NNN properties can be. Here is a quick review at the basics of NNN properties for sale — you can contact us directly to get more information from our expert team about NNN properties.

‣ What Are NNN Properties?

NNN properties (or triple net lease properties) are the single-tenant retail properties. Under this all the financial cost of the property are not covered by the landlord of the property, here a NNN property tenant is responsible for paying all the insurance, taxes, and the maintenance cost associated with the property along with the rent of the property. This shifts a large amount of responsibility onto the lessee and allows the landlord to circumvent being a middleman for several different financial obligations.

At triple net property, our expert team boosts our clients to consider looking at some local triple net properties for sale. While these investments are not the best for everyone’s unique financial goals, but these can be a great way for an investor to build up a portfolio. Under this the properties are rented out to tenants with high credit scores, this gives landlords the ability to build strong professional like with other upstanding businesses in their area.

‣ The Benefits of NNN Properties

Investing in NNN properties can be lucrative for both landlords and tenants. For a property owner who wants to expand his or her investments, then NNN property is an excellent option to shift the burden of small financial responsibilities of the property onto the tenant. These properties are relatively more stable than others — which makes it more important in a real estate market; investors find it easier to invest in these when looking at NNN properties for sale.

NNN properties tend to be more affordable than other types of properties. It firstly provides benefits for the investor and then trickles down to provide benefit for the tenant. Tenants may find it easy to handle their management tasks directly, rather than depending on the landlord for every small maintenance needs or concerns related to insurance. NNN properties often have long lease periods, because of which many investors are interested in investing in NNN properties for sale for those who are looking for constant sources of income. For a long-standing retail operation, this stability may allow for more significant long-term planning.

Are NNN Properties the Right Investment for Investor?

At triple net property, we believe that each client’s investment strategy should be unique for our clients. Some clients choose NNN properties the main point of their investment goals, whereas some want to the diversification of their assets for their portfolios. Many property owners find NNN leases the method for stability, as it is a low-risk method to start a long-term investment plan with a believable tenant.

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The Secret Of Single Tenant Triple Net Lease Properties For Sale

Single-tenant triple-net (NNN) lease properties for sale are solid investment choice for active and passive real estate investors in the year 2019. The low cap rates of single tenant triple net lease make it a good to sell, and long-term contracts with continuous rent increases enhance future value for buyers.

Single tenant NNN lease properties for sale offer landlord and investors various advantages. It is a gateway for bringing retail into investor’s portfolio. Here’s everything in this blog you need to consider and what to look for in single-tenant NNN lease investments.

‘Net Lease’ is divided into three types depending upon the property expenses the tenant is paying:

1. Single net Lease.2. Double net Lease.3. Triple net Lease.

In 'single net lease’ agreement, the property tax or anyone additional property expense along with the base rent is paid by the tenant.

In 'double-net lease,’ the tenant of the property pays the property taxes along with the insurance fee of the property.

In 'Triple-net lease,’ the tenant of the property is required to pay the property taxes, insurance, and maintenance cost of the property. These are also known as 'three-nets.’

Knowing different types of net will make you make a risk-free investment.Advantages of a single-tenant NNN lease

1. The advantage of 'Single-tenant NNN lease’ investment is that all the major expenses of the property are beard by the tenants, which makes the owner of the property mentally relaxed.

2. Single tenant triple net lease properties for sale generate a steady flow of income for the property’s owner.

3. For single tenant NNN lease agreement, the owner is allowed to defer the capital gain taxes in the 1031 exchange. The proceeds of the relinquished property are reinvested to buy a new property.

4. Single tenant NNN lease is for a single, free-standing building that is occupied for a long-term national or credit tenant, and they mainly last for 10-15 years. Under this type of lease, the tenant of the property is responsible for all operating and maintaining the cost of the entire ownership. Along with the building and parking lot to the surrounding grounds, insurance, and property taxes, all are paid by the tenants.

5. These leases act like a bond where landlord gather month to month lease in the mail for the occupancy of the tenant. Since tenants handle all the property maintenance and costs, you can possess property on the other side of the nation with almost no administration responsibility. Much of the value lies in the creditvalue of the tenant and the long-term nature of the income.

All the information provided above has been researched and thought to be knowledgeable for you. For consultation and assistance regarding 1031 exchange, you can call - 888-993-2835 or Click here to contact one of our Advisors to know more about your 1031 Exchange. You can also email us at info@triplenetproperty.com.

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