A triple net lease (Net-Net-Net or NNN) is a lease agreement on a property and pay the resulting mortgage with the lessee's monthly owed rent. There is usually a small amount left over as monthly profit for the investor (positive cash flow), but the greater investment payoff comes from building equity in the property using the lessee's rent money. The resulting property is then sold after a period of equity-building, usually five years - the typical commercial mortgage term. This form is frequently used for freestanding buildings, such as outparcel developments or single-tenant "big box" sites. The net lease requires the tenant to pay, in addition to the fixed rent, some or all of the property expenses which normally would be paid by the property owner receives the rent "net" after the expenses that are "passed through" to the tenants are usually prorated among.

new jersey commercial real estate

new jersey commercial real estate

Leader - Evaristo, a licensed Realtor, will concentrate on both residential and commercial real estate sales. She is a member of the Meadowlands Board of Realtors and the New Jersey Multiple Listing Service, along with the Garden State Multiple Listing ... Read more...

Evaristo joins the team of Prudential Professionals

Miami Herald - Earlier this week, a real estate trade group reported that sales of existing homes had ... The 5.3 percent drop in new orders last month reflected declines across a wide swath of industry from commercial aircraft and autos to heavy machinery and computersRead more...

new jersey commercial real estate

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