Use of a triple net lease, where the tenant carries every imaginable real estate risk related to the property. Notably, these additional risks include the obligations to rebuild after a casualty, regardless of the adequacy of insurance proceeds, and to pay rent after partial or full condemnation. These leases are not terminable by the tenant, nor are rent abatements permissible. The concept is to make the rent absolutely net under all circumstances, equivalent to the obligations of a bond: hence the "hell-or-high water" moniker. An example of this type of lease would be a leaseback arrangement in which a retailer leases back the building it formerly owned and continues to run the store. There are standard names in the commercial real estate industry for different sets of costs passed on to the tenant in a net lease. Typically, triple net leases (NNN) are 'equity investments', rather.

property listings

property listings

News.com.au - THE buyer's market came roaring back across Brisbane yesterday with cashed up house-hunters sensing bargains after the news of a sudden spike in listings. Agents reported one of their busiest days in months after RP Data research showed new listings ... Read more...

Spike in property listings

News.com.au - THE buyer's market came roaring back across Brisbane yesterday with cashed up house-hunters sensing bargains after the news of a sudden spike in listings. Agents reported one of their busiest days in months after RP Data research showed new listings ... Read more...

property listings

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