I am just learning to. But NNN stands for triple net lease. Which is a lease that you own to a tenant that pays the property tax, insurance, and matienance on the property. So the NOI (Net operating income i.e. rent) is your true rent you are not paying the taxes and insurance.
I am from Akron Ohio and am interested in the same as above. We now are looking for local investors in our area to support our plaza and construction startups... let me know
You need to be connected with the right corporate RE people, developers, and lots and lots of demographic data pointing in the right direction. And a lease.
Usually, our local ecomomic development people have the above.[ Edited by alexanderwyoung on Date 09/08/2005 ]
I am just learning to. But NNN stands for triple net lease. Which is a lease that you own to a tenant that pays the property tax, insurance, and matienance on the property. So the NOI (Net operating income i.e. rent) is your true rent you are not paying the taxes and insurance.
Still checking. Is there another forum area where I should post this?
I am from Akron Ohio and am interested in the same as above. We now are looking for local investors in our area to support our plaza and construction startups... let me know
-B
You need to be connected with the right corporate RE people, developers, and lots and lots of demographic data pointing in the right direction. And a lease.
Usually, our local ecomomic development people have the above.[ Edited by alexanderwyoung on Date 09/08/2005 ]