What are Triple Net Leased Investments?
Many real estate investors become dissatisfied with the management problems associated with real estate investment ownership. In recent years, more and more investors are becoming familiar with the ease of owning commercial properties that are occupied by National Tenants who are often credit rated, using the vehicle of a triple net long-term lease. The advantages with this format are that the tenant is obligated under this form of lease to pay for all expenses associated with the operation of the property including property taxes, maintenance, insurance etc. When this situation is combined with a National Credit Tenant, the investor can be assured of a management free property with a minimum of risk. Such companies as Walgreens, Walmart, Barnes and Noble, Winn-Dixie, 7-Eleven, Inc., Sherwinn Williams (net worth of over 1 billion $) are typical of the types of NNN leased investment properties that investors look for and that we can help you locate.
What kind of returns can an investor expect from these kinds of properties? The current market range is between 6.25 to 7.25 and the expected overall internal rate of return is 8.75, with factors for growth. If an investor is willing to incur debt on this kind of property, if is often possible to see internal rates of return that exceed 9.5%.
Jarrott and Company has access to properties with National Credit tenants all over the Country. We can help you find this type of property in your region of the Country or anywhere that you would like to have your investment property.
We have obtained the above information from sources believed to be reliable, but no representations of any kind - expressed or implied-are being made as to the accuracy of such information. All references to income/expenses are approximate only. Buyer should conduct an independent investigation of all pertinent property information. We bear no liability for any errors, inaccuracies or omissions.
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Based in Greenville with regional offices in the Southeast, RealtyLink, LLC provides the most comprehensive development services to their clients. To learn more about RealtyLink, LLC, please visit www.realtylinkdev.com