How To Find The Best NNN Properties For Sale

Finding a good selection of NNN properties for sale is not as easy as you might hope. Because there is no reliable central repository of commercial listings, the NNN properties for sale in the market are typically spread across a number of different resources, only some of which are freely available to the public.

Internet Listings of NNN Properties for Sale

There are a few sites which present NNN properties for sale as well as other commercial real estate listings. The two best known, Loopnet and Costar Exchange, are in the process of merging. Both allow just about anyone to post listings of NNN properties for sale, as well as other property types. While Costar lets anyone search its database, Loopnet only gives full access to paying subscribers. The key problem with these sites is that many of the best NNN properties for sale never make it on to them.

Principal Listings of NNN Properties for Sale

Many principals, whether they are owners or developers, list their own NNN properties for sale on their websites. CrestNetLease and Kimco Realty are two such ownership groups that do this, and Bencor Development is an example of a developer that posts its NNN properties for sale right online. Although direct principal to principal marketing can yield you access to inventory, it is a great real of work to visit each of these sites. In addition, because you do not have an expert guiding you, you may not know which of the NNN properties for sale that you see are good deals and which are not.

Hire A Professional Broker to Bring You NNN Properties for Sale

The easiest way to find NNN properties for sale is also the best way. Instead of spending your time to scour the Internet to find just a small subset of the NNN properties for sale out there, hire a broker and let him do the work for you. Your broker should have not only a strong knowledge of all of the places to look for NNN properties for sale, but should also have insider access to listings that you may not be able to see. In addition, he should be able to guide you to not only good NNN properties for sale, but to the best NNN properties for sale for you and your specific needs. In addition, because most sellers will pay your broker’s commission, the service and guidance that he brings you should not even cost you anything.

{ Article: How to Choose the Best Triple Net Broker }

Buy a NNN Property

Or call Thomas Morgan, CCIM, a Triple Net NNN Broker, at 1-866-539-1777

What is Triple Net NNN? Triple net lease definition

What is a Triple Net Lease? Here is a quick summary of the triple net lease definition: A lease in which the lessee (tenant) pays rent to the lessor (landlord), as well as all taxes,insurance, and maintenance expenses that arise from the use of the property. The base rent is "net" to the landlord and landlord does not pay any expenses for operation of the property.

What Does Triple Net Lease Mean? A lease agreement that designates the lessee (the tenant) as being solely responsible for all of the costs relating to the asset being leased in addition to the rent fee applied under the lease. The structure of this type of lease requires the lessee to pay for net real estate taxes on the leased asset, net building insurance and net common area maintenance. The lessee has to pay the net amount of  three types of costs, which how this term got its name: net, net, net or NNN or Triple Net

Triple Net Lease is also be referred to as a "net-net-net lease" or a "hell or high water lease"

This is how Investopedia explains Triple Net Lease

For example, if a property owner leases out a building to a business using a triple net lease, the tenant will be responsible for paying the building's property taxes, building insurance and the cost of any maintenance or repairs the building may require during the term of the lease. Because the tenant is covering these costs (which would otherwise be the responsibility of the property owner), the rent charged in the triple net lease is generally lower than the rent charged in a standard lease agreement. This is also called the net rent or base rent.

Contact TMO to find out more about the benefits of Triple Net Leased Real Estate Investments. 1.866.539.1777

Typical net leased properties and net leased investments are leased to investment grade credit tenants such as:

• Walgreens
• Best Buy
• Home Depot
• Lowes
• Wal-Mart
• McDonalds
• Burger King
• Auto Zone
• Checker Auto
• Tractor Supply Company
• and many other triple net lease tenants