Keep reading to determine if a fast food NNN investment is in your future. Renewal Options: 2 x 5 Years. QuikTrip is a privately owned corporation with annual sales in excess of $11 billion. Lease Expiration: 20 Yrs from COE. Absolute NNN Lease vs Triple Net Lease. Sands Investment Group is Pleased to Present Exclusively For Sale a 10,908 SF AutoZone Absolute NNN Lease Located at 23 Yost Blvd in Pittsburgh, Pennsylvania. Medical net leases account for a small portion of the overall real estate market today; however, it’s clearly a gro wing sector. In a net lease, the lessee typically assumes some or all costs of maintaining the. Status: Active Price: $1,519,000 Bldg. This Deal Includes an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Unique Investment. Apr 21, 2022. Absolute triple net leases liberate the landlord of all maintenance, management, and expenses. com Tel: 202-361-3050. 1 billion of commercial real estate space for lease. Triple net leases offer extraordinary investment characteristics that remain underappreciated by the market. A triple net lease is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three Nets) on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc. with a mailing address of 500 Commercial Street Houston, California, 77002, (“Lessor”) AND Tenant: Sandwich Company LLC with a mailing address of 900 Main StreetSands Investment Group is Pleased to Present Exclusively the 1,235 SF Sonic Drive-In For Sale Located at 7902 Culebra Road in San Antonio, Texas. The Challenge – Locating Triple Net Lease Properties For Sale within Budget in Extremely Competitive Market. . Renewal Options: 2 x 5 Years. Absolute NNN leases hold the tenant responsible for: Monthly Rent. Determine the income/returns you need from the investment. Lease Type: NNN. Check out the numbers (and learn whether you could replicate this deal) here!This form is for the lease of a commercial building. Potentially higher cash-on-cash returns and positive leverage. Lease Type: Absolute NNN. They offer greater cash flow, appreciation potential, and diversification. The document also provides that this lease will in all respects be treated as a triple net lease with all costs and expenses paid for by the lessee, including, but not limited to, real and personal property taxes; fire, casualty, theft, and liability insurance; trash removal; water, gas, electricity and other utilities;. The lease should provide for regular rent increases throughout the lease. Rental Increases: 8% Every 5 Years & At Options. Monthly NNN = $1,000. Area Overview. Term of the Lease. 50 a square foot. High-credit tenants such as Walgreens, Dollar General, and McDonald’s pay for all their own maintenance and expenses. We strive hard to provide clients with quality costumer service. Given the uniqueness of the net lease structure, there are a number of benefits and risks to be aware of. A triple-net (NNN) commercial lease agreement is a contract between a landlord and a tenant that pays for the three (3) ‘nets’, property insurance, real estate taxes, and common area maintenance (CAM). Double Net Lease. Premises: 2,344 SF. An “absolute triple net lease” transfers all property risks to the tenant. Sands Investment Group is Pleased to Exclusively Offer the Bank of America ATM NNN Ground Lease Investment Opportunity Located at 503 Broadway in Newburgh, New York. Absolute Triple Net Lease: In this type of lease, the tenant is responsible for all operating expenses related to the property. Lease Type: Absolute NNN. 5–2 million, and sit on visible 1/2 – 3/4 acre lots with easy access. Tenant hereby acknowledges that this Lease is intended to be what is commonly called an “ absolute. Renewal Options: 3 x 5 Years. Sands Investment Group is Pleased to Present Exclusively For Sale the 5,320 SF QuikTrip Absolute NNN Lease Located at 4930 Little Road in Arlington, Texas. and Canadian markets with over $425 billion of commercial real estate for sale and 5. Ninety-four percent of the company’s QSRs are franchised through 350 franchise organizations. Single Net LeaseA Triple Net Lease (NNN lease) is a commercial lease agreement that requires the tenant to pay for not only the base rent but also the three main operating expenses associated with the property: property taxes, building insurance, and maintenance costs. 20-Year Sale Leaseback – Lease Features a Primary Term of Twenty (20) Years, Accompanied By Four (4), Five (5) Year Renewal Options. By Erik Sherman | November 01, 2023 at 04:10 PM. Premises: 1,400 SF. In. Triple net lease (NNN lease): In a triple net lease, the tenant is responsible for three major expenses on top of their monthly rent. 7 Eleven (This is a S&P AA- rated) internationally branded tenant , 7 eleven offers absolute triple net lease investments with 10+ years and zero landlord responsibilities, corporate guaranteed leases situated all over the US. Investing in an Industrial Triple Net Lease in Louisiana can offer stable cash flow from long-term leases with well-established tenants. 70% cap rates and operate under 10+ year NN corporate-backed leases with few, if any, landlord responsibilities. Under triple net leases, the tenant pays for the property’s taxes, insurance, and maintenance in addition to the rental rate. The. Sacramento, California. Among real estate and tax professionals, a lease will generally be classified as triple net if the majority of the burdens of ownership become the responsibility of the tenant. Rent Bumps 2% Annual APN 04-00122-0000-00032. If a new lease is going to be executed at closing, a provision should be included in the purchase and sale agreement requiring the lease for the property to be an absolute triple net lease. Potentially higher cash-on-cash returns and positive leverage. Bondable triple net lease real estate agreements, which prevent tenants from severing ties due to unpredictable costs, are also called absolute net leases. NNN means “net, net, net” and describes lease agreements. Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,100 SF Dollar General at 100 East Blake Street in Yreka, California. 01 free and clear of, and in addition to, any and all expenses, costs, impositions, taxes, assessments, liens or charges of any nature whatsoever. Modified Gross Lease vs Triple Net (NNN) Lease. 67 million) and have a net operating income (NOI) of $366,000 and a lease of $414 per square foot. The lease is guaranteed by JRI Hospitality, the largest franchise operator of Freddy’s with +/- 90 existing locations across 15 states and plans for additional growth. Not only is it important to understand what is meant. For example, you could own an auto parts store with a 15-year, modified absolute net lease, a retail pharmacy with a 15-year absolute triple net lease, a 20-year ground lease , and a 15-year, absolute-net, sale-leaseback. , NNN) is a lease agreement in which the tenant is responsible for all expenses, including rent, real estate taxes, insurance, and maintenance. Since. Tenancy Single Square Footage 1,650 Price/Sq Ft $618. Absolute Triple Net (NNN) Lease Offers the Opportunity For a Truly Passive Investment With Zero Landlord Responsibilities; Cummins (NYSE: CMI) Has an A+/A2 Credit Rating With an Annual Revenue of $24. Absolute Triple Net Lease Agreement (the “Lease”). Email: info@nnndeals. This Deal Includes Approximately 5 Years Remaining on an Absolute Triple Net. Westwood Net Lease Advisors,. Multi-family Triple Net Lease for Sale in Louisiana: Multi-family properties, including apartment complexes and condominiums, also provide investors with the opportunity for a Triple Net Lease. With an absolute triple net lease, the tenant bears the entire burden of property taxes, insurance, and maintenance costs, giving the landlord minimal responsibilities. One of the prime benefits of using NNNs is the ability to enjoy freedom, or at least minimal. Evil. The leases are absolute net and provide for zero landlord. NNN Expenses in a Triple Net Lease Are Unique to Each Property. Major brands typically have strong credit. In addition to a fixed rent payment, they pay a share of property taxes, property insurance, and maintenance costs. Absolute triple net lease: zero landlord responsibilities or maintenance costs for the lease term. A NNN is sometimes leased to a single-tenant, making it a single tenant triple net lease (STNL). Lease Type: NNN. Therefore, they handle building insurance, property insurance, and real estate taxes on top of paying rent. We offer the largest database of triple net lease NNN properties in Mississippi. These net-lease properties sell at a reasonable price point, between $1. Pros and Cons of Net Lease Agreements for Real Estate Investors. The absolute net lease is a variation of a triple net lease. A triple net lease, also known as a net-net-net or NNN lease, insulates the landlord of the obligation to cover all expenses mentioned above such as property taxes, insurance premiums, utilities, maintenance, and repair costs. If you’re a REIT investor, the triple net lease is really what you’re looking for. This Deal Includes an Absolute Triple Net (NNN) Ground Lease With Zero Landlord Responsibilities, Providing For a Secured Investment. A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc. Sands Investment Group is Pleased to Exclusively Offer For Sale the Marathon Absolute NNN Lease Investment Opportunity Located at 2840 Riverside Drive in Macon, Georgia. Monthly NNN = ($4 x 3,000 sq. 100%. As a category, net leases can encompass either a single-net lease (N lease), double-net lease (NN lease), or triple-net lease (NNN Lease). ). Rental Increases: 8% Every 5 Years and At Options. Triple net investing is a crucial part of net-lease investment growth in the United States. It is possible to. Free preview . Purchasing a NNN lease can also defer capital gains and. A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc. The stores sell for an average of $600,000 (stores can range from $1. Modified Gross Lease. Our experienced team of net lease advisors and brokers are experts. Sands Investment Group is Pleased to Exclusively Offer For Sale the Absolute Triple Net Gas Station Located at 500 East Avenue North in Hollandale, MS. While triple net leases are among the most common commercial lease types in the industry, absolute triple net leases are exceedingly rare. 4. An absolute per lease, or absolute NNN lease, is one of the strictest forms for commercial leases. Burns, Dr. National Exams Practices. Performing a 1031 exchange for a NNN lease property can save those tax dollars. Insurance. . Your net monthly cost for the single net lease is $900 minus $900, or $0. In real estate sector, types of leases can be primarily divided into four categories – absolute net lease, triple net lease, modified gross lease and full-service lease. Among the different lease types, Triple Net and Absolute Net Leases are most often confused. These costs are usually estimated for the year and incorporated into the rent on a monthly basis. If you are obtaining a mortgage on the property, identify your lender. NNNs are typically easier to resell; you could,. Lease Type: Absolute NNN. Triple Net Lease (NNN Lease) Absolute Triple Net Lease Modified Gross Lease As a business in Iowa, there are three basic types of commercial real estate leases you will see. 30% • 2,546 SF. This model is an attempt to re-think how the industry underwrites single. Situated on Major Retail Corridor With Traffic Counts Exceeding 31,829 VPD. • The lease is executed by a Hospital signature which is a wholly owned division of the Parent which carries a Moody's credit rating of (Aaa). 3 types of net leases: Triple/“NNN”, Double/“NN”, Single/“N”. Read Additional thought leadership content from SIG, specializing in absolute triple net lease opportunities. Tenant A will pay $4,700/month and Tenant B will pay $9,400 per month. Passive Income Potential: Triple Net Leases (NNN): While tenants bear some expenses, landlords may still need to be somewhat involved in property management. Absolute triple net lease. With that said, in order to fully understand the NNN. There are different types of Tennessee Triple Net Leases that landlords and tenants can consider based on their specific needs: 1. As a result, they present reduced credit risk for investors. Therefore, the base rent amount per year for a 1,000 square foot space is $30,000 a year or $2,500 a month. Tenant: KinderCare | Muncie, IN. You can determine the short and long-term potential in an NNN lease investment by using the single tenant net lease valuation model. In an absolute triple net lease, the property owner receives a 100% responsibility-free monthly check for ten to twenty years from a multibillion-dollar, reliable, credit-worthy tenant with periodic rent increases, no maintenance responsibilities, and a solid 7–10% IRR. Sands Investment Group is Pleased to Exclusively Offer the Absolute NNN Ground Lease Property For Sale Located at 13010 S US Highway 301 in Riverview, Florida. An "absolute triple net" property is one in which the landlord bears zero. This outcome contrasts traditional commercial lease agreements where the landlord is. Triple net leases, or NNN leases for short, are similar to Abs NNN leases in that they require no landlord responsibilities. Over 6 Years Remain on an Absolute Triple Net Lease With Attractive 10% Increases in the Option Period. The three most common expenses charged back are property taxes, insurance, and maintenance, often called the "three nets". Many are absolute triple net (NNN) leases, which means you own the property and the tenant pays for and takes. As an absolute triple net lease property owner, your tenant pays for 100% of any CAM fees as defined in the lease. Almost all states allow for. Size: 2,653 SF Cap Rate: 7. while the landlord is responsible for property taxes, insurance, and maintenance. plus their share of three of the major operating expense categories, usually property taxes, insurance and maintenance. Corporately Guaranteed Lease From 300+ Operator. 5 billion. Among the different lease types, Triple Net and Absolute Net Leases are most often confused. This investment is a 10-year absolute NNN lease. The Triple Net Lease Defined. Triple Net Lease: Sometimes called an “NNN lease”, the tenant pays base rent plus their share of three operating cost buckets, property taxes, property insurance, and maintenance. A net lease is the most common commercial lease. If you are extending a new lease term offer with new terms, make sure you know. Typically sell between $1–3 million. The tenant is then responsible for the payment of these costs either directly or as additional rent. These leases have two rent calculation methods, gross and net. The triple-net lease is well suited to sale/leasebacks as a way to transition the selling company from having absolute control over its surroundings to a situation where it merely is a "lessee. Common examples of single. We Are Pleased to Offer For Sale the Single Tenant NNN Property Located at 4001 West Clara Lane in Muncie, Indiana. According to the company’s third-quarter (October 28, 2021) results, Taco Bells’ same-store sales grew +8% on a 2-year basis. McDonald’s are often on an absolute triple net lease investment in many locations because they have the McDonald’s Corporation backing them. Modified Gross Lease: A Modified Gross Lease combines aspects of both Gross and Net leases, offering a compromise. Therefore, your ROI is simply the cap rate, or rent received, as there are typically no. Triple Net and Absolute Net leases are more practical for single tenant, long term lease situations. Sands Investment Group is Pleased to Present Exclusively For Sale the 1,417 SF Take 5 Absolute NNN Ground Lease Located at 12251 Jones Road in Houston, TX. ) /12. One we hear often is: what’s the difference between a triple net and absolute net lease? Let’s start with a triple net lease. Is the Midwest a good spot for them?Historically, triple net refers to leases where a tenant rents an entire freestanding commercial building and pays for all property expenses. Experts say that the future is quite bright for medical triple net leases in the next 10 to 15 years. Status: Active Price: $1,351,915 Bldg. Triple Net, often abbreviated as “NNN,” is a type of lease structure where the tenant or lessee agrees to pay additional expenses related to the operations of the property, including common area. 5% Increases and an Absolute Triple Net (NNN) Lease, This Deal Offers a Long-Term Secure Income Stream, Compounding Hedge Against Inflation With a Pandemic, Recession and an Internet. The document also provides that this lease will in all respects be treated as a triple net lease with all costs and expenses paid for by the lessee, including, but not limited to, real and personal property taxes; fire, casualty, theft, and liability insurance; trash removal; water, gas, electricity and other utilities;. Absolute Lease: Tenant pays rent, all net lease items plus repairs; Triple net leases generally offer the tenant a lower base rent because the tenant assumes more of the cost of maintaining the property. This gives them more freedom in the lease regarding certain costs and utilities. $3,679,245. An absolute net lease is less popular than the other three types of net leases, though it is pretty similar to an NNN, and investors often conflate the two. Triple Net Lease. Triple Net Lease. Asset Flexibility. 5% every year or 10% every five years. We Are Pleased to Offer For Sale the Hardee’s Triple Net Lease. NNNs are one of several types of so-called net leases, the other two common options being single and double-net leases. This Deal Includes 14 Years Remaining on an Absolute Triple Net (NNN) Lease Term With 10% Rent Increases Every 5 Years With Additional. While landlords and tenants may consider the triple net as the most advantageous of the three leases, it can backfire in an expensive way. A triple net lease is the opposite of a gross lease. In 2021, essential, pandemic-proof businesses like Dollar General, 7-Eleven, and KFC were thriving, and investors were buying these properties at a record pace. That’s because, in a Net Lease, the landlord offers a lower base rent to the tenant in exchange for the tenant assuming a larger share of expenses. These corporations. In addition, we pay for the Buyer's closing costs up to a maximum of. LEASE TERM 15 Year Primary Term Ten (10) 5-Year Options RATE OF RETURN 5. While triple net leases offer several benefits for tenants, there are also challenges and drawbacks to consider. and Canadian markets with over $425 billion of commercial real estate for sale and 5. The difference between a triple net lease and an absolute net lease is that in a triple net. This includes property taxes, insurance, and maintenance costs. This includes maintenance costs such as common area maintenance (CAM), insurance, and property taxes (represented by “NNN”). An absolute net lease requires the least landlord involvement in any commercial real estate lease. Also known as a bondable lease. Triple net leases, or NNN leases for short, are similar to Abs NNN leases in that they require no landlord responsibilities. 7-Eeven • Bonus Depreciation Benefits • Current CAP 5. 67 million) and have a net operating income (NOI) of $366,000 and a lease of $414 per square foot. LoopNet. Our expert advisors offer objective advice, education, knowledge, and advocacy – all without any. Accept Minimal Responsibility. Current Rent is $310,968 Until November 2023 Followed By. Engage a reputable NNN buyer’s advisor (at no cost to you) as you begin the process. Rental Increases: 10% Every 5 Years. Rental Increases: 3% Annual. This Freddy’s sale-leaseback features a 20-year absolute triple net lease that includes 10% rental increases every five years. Sands Investment Group is Pleased to Exclusively Offer the Bank of America ATM NNN Ground Lease Investment Opportunity Located at 503 Broadway in Newburgh, New York. A triple net lease, or NNN lease, is structured so the tenant is responsible for paying the base rent, property taxes, insurance and all maintenance associated with the property, removing the landlord/investor from almost all financial responsibilities. Typically, these are as follows: Single Net: Tenant pays rent plus property taxes. Done right, triple net leases can produce a steady, consistent income streams for investors. The double net leases are riskier purchases as the landlord is then typically responsible for the roof, structure, and parking lot maintenance/repair. In this article we’ll take a deep dive into the NNN lease, dispel some common misconceptions about the triple net lease, and then finally we’ll tie it all together with a clear and concise. A gross lease is a type of triple net lease in which all building-related expenses get bundled in one flat. LoopNet also attracts a large community of Arizona commercial real estate. Learn about commercial real estate leases with our helpful guide. This Deal. Lease Term Remaining: 9. The major benefit to the net lease real estate structure is the tenant(s). Discover what a triple net lease is, pros, cons, and more. Reliable income stream: since the tenants pay their rent and expenses each month. These reliable investments frequently offer higher cap rates than. LEASE TERM. A tenant is usually responsible for all the costs typically found in a triple net lease and certain additional risks. A single-tenant lease is a rental agreement between a lessor and the sole lessee of a property. Single Net Lease: Tenants pay property taxes. ). • There are annual CPI based rental adjustments capped at 3. S. Brand New 2020 Construction 15 Year Triple Net (NNN) Lease. Triple Net: tenant pays rent, property taxes, insurance, and. 7 Eleven (This is a S&P AA- rated) internationally branded tenant , 7 eleven offers absolute triple net lease investments with 10+ years and zero landlord responsibilities, corporate guaranteed leases situated all over the US. Start a New Search. As the name implies, this is a favored type of commercial lease for shopping malls. 00–6. In a triple net lease, the tenant pays the taxes, insurance, and maintenance. All Maintenance and Repairs. Burger King NNN Lease investment feature attractive benefits such as: 15-20 Year Absolute Triple Net Lease, CAP Rate between 5% – 6%, 5% – 10% Rental Increases and No Landlord responsibilities. Rental Increases: 10% at Options. support@creop. Net leases can offer tremendous value for low-risk investors seeking stable, predictable returns. 당연히 Triple Net Lease 방식이 수익율 극대화에 도움이 되겠지요. The tenant then becomes the owner of this new building and is responsible for expenses and costs. Rental Increases: $9,348 Fixed Increases at Options. In this article, we will explore what an. Triple Net (NNN) leases: Single tenant net lease properties are often structured as triple net leases (NNN leases). This Opportunity Offers a Long-Term Absolute Triple Net (NNN) Lease With a High Quality and Established Tenant in the Desirable Florida Market. Sands Investment Group is Pleased to Exclusively Offer the 7-Eleven Triple Net Lease Investment Opportunity Located at 3940 W 15th Street (Coit Rd) in Plano, Texas. In the short term, you are buying the Triple Net Property for the income stream generated by the rent from the lease. If you’re a REIT investor, the triple net lease is really what you’re looking for. ). absolute net lease. Updated September 25, 2023. Single Net Lease: Tenants pay property taxes. 3. Dec 29, 2022. According to the company’s third-quarter (October 28, 2021) results, Taco Bells’ same-store sales grew +8% on a 2-year basis. A bondable lease is frequently called an “absolute triple net” lease because the tenant is responsible for all expenses related to the property and isn't. The term "net lease" is often used as a shorthand expression for any of these arrangements. This Opportunity Provides For a High-Quality Investment With. For the landlords, a triple net lease relieves them of a lot of the work of managing a property. Double Net Lease: Tenants pay property taxes and insurance. Rental Increases: 10% in Yr 6 & At Options. In exchange for slightly reduced rent and the freedom to customize existing spaces, tenants contribute to the expense of upkeep instead of leaving it up to landlords. 0% - Primary Term BROKER/FINDER FEE $50,000 EXPENSES Absolute Triple-Net Corporate Lease NO INVENTORY AVAILABLE AT THIS TIME. Modified Gross Lease: A Modified Gross Lease combines aspects of both Gross and Net leases, offering a compromise. Now there are several types of leases; Single Net, Double Net, Triple Net, Absolute Triple Net, and Modified Gross Lease/Modified Net Lease. A. The lease is guaranteed by JRI Hospitality, the largest franchise operator of Freddy’s with +/- 80 existing locations across 15 states and plans for additional growth. The lease calls for no. With a Rare 21% Rental Increase in 2025 and Additional 10% Increases at Each Option Period, This Asset Offers a Long Term. Triple net leases are the epitome of “mailbox money. A triple-net lease deal (a. This type of lease transfers a significant portion of the financial burden from the landlord. One we hear often is: what’s the difference between a triple net and absolute net lease? Let’s start with a triple net lease. The NNN indicates that it’s a triple net lease. 00 to 6. Pros and Cons of Net Lease Agreements for Real Estate Investors. This includes construction of the building and paying for the day-to-day operations of the business. Fee-simple NNN Lease Property Investments. For property investors, who want to own a revenue-generating property. This Property Has a Recently Extended New 15 Year Lease Demonstrating the Tenant’s Confidence in the Location. The lease is guaranteed by JRI Hospitality, the largest franchise operator of Freddy’s with +/- 90 existing locations across 15 states and plans for additional growth. The leases can range from 5 to 20 years or even longer, providing a stable and predictable income stream for the property owner. 00%. com. Furthermore, Net Lease rents are typically less expensive for tenants than traditional lease rents. Brand new 15 year absolute triple net leases. also called “triple net lease properties,” refer to single-tenant retail properties. If you are considering a NNN investment in 2022, fast-food and QSR restaurants can be great opportunities. Section 4. 5. An absolute triple net lease is the most common type. Absolute NNN leases make it easy to own a triple net property anywhere in America without worry. Triple Net Lease or NNN lease. Carl's Jr. Net Lease is also used to refer to just the triple-net lease, or NNN lease. They also take care of the. com Triple Net Lease (NNN Lease): Tenant pays base monthly rent plus their share of three of the property’s major operating expense categories, usually property taxes, insurance, and maintenance. TD Commercial Group is pleased to exclusively offer this Single Tenant, Absolute Triple Net Lease (NNN) investment opportunity in Fort Lauderdale, Florida. This includes property taxes, insurance premiums, maintenance costs, repairs, and utilities. A triple net lease, often known as a NNN lease, is a common commercial real estate leasing structure. With that, you dealing with to maintenance costs for the property. Learn more about triple net leases & properties by clicking or contacting us! Skip to Content. If trustworthy tenants signed triple net commercial. 1/6 . Lease Expiration: 12/31/2036. The triple net lease offers certainty for landlords and tenants and is structured in a way that is familiar to most veterinary practice owners. Curious about investing in commercial real estate with a triple net lease (NNN)? To make this kind of deal less intimidating, let's look at a real-life example: a KFC building. Percentage Lease. BJ's Wholesale Club, Inc. 5 Years Remaining Term on an Absolute Triple Net (NNN) Lease, Providing For a Unique Investment. Rental Increases: 10% Every 3 Years. 25% Property Type: Restaurant. 5% Increases and an Absolute Triple Net (NNN) Lease, This Deal Offers a Long-Term Secure Income Stream, Compounding Hedge Against Inflation With a Pandemic, Recession and an Internet Resistant Tenant. Absolute Triple Net Lease / Bonded Lease: In an absolute net lease, the tenant pays a base rent plus all operating expenses. This is a Corporately Guaranteed Lease With 10 Years in the Initial Term, 10% Rent Bump in Year 6 and Four 5 Five Year Options to Renew. It is the opposite of gross or fully serviced lease. 2023, here we come!Absolute Triple Net Lease. With triple net leases, the tenant deals with property maintenance and pays taxes and insurance leaving the property owner with much more time and capital to invest in. Landlords like long-term leases and will offer a lower rent rate and more concessions for a lease of 10 years or more. Absolute Triple Net Lease Investment Benefits. Over 6 Years Remain on an Absolute Triple Net Lease With Attractive 10% Increases in the Option Period. There are four types - single, double, triple and absolute triple. A. The benefits of investing in a triple net leased property include: high quality tenants, long term leases, rent increases, passive income, and profitable exit opportunities. It’s a good resource. Absolute Net lease. In such a lease, the tenant or lessee is responsible for all costs. NNN Pro Primary Menu. The assistance offers skillfully made legitimate papers web templates which you can use for a range of functions. Long Term, Absolute Triple Net Lease with 2% Annual Increases. These leases are extremely attractive to investors as they require the tenant to pay for the roof, building maintenance, landscaping, parking lot.