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This led to the destruction of the historic Cincinnati restaurant chain after the locations were shuttered permanently due to an inability to pay the rising rent. As a result, there is a strong distaste for NNN Reit in the Cincinnati area In April 2017, Craig Macnab retired and Jay Whitehurst became CEO & President of the company. [11] [12]
The $47 million deal allowed Frisch's to sell its stores, relieve the burden of ownership and immediately create a long-term leasing structure with the new owner. In sale-leaseback transactions ...
The term "Net Lease" is tossed around loosely in the net lease industry, often used when referring to a triple or double net lease; [citation needed] however, there is a definite distinction between a triple net and a double net lease even though some brokers erroneously use the term "Net Lease" to describe both.
In US parlance, a lease where all three of these expenses are paid by the tenant is known as a triple net lease, NNN Lease, or triple-N for short and sometimes written NNN. The term "net lease" is distinguished from the term "gross lease". In a net lease, the property owner receives the rent "net" after the expenses that are to be passed ...
Dec. 2—HIGH POINT — The site of a Tesla dealership under construction in High Point has flipped ownership. A California limited liability company called "Alosta NNN" this week acquired the 5.7 ...
In United States real estate, a bond lease, also called an absolute triple net lease, true triple net lease or even a hell-or-high-water lease is the most extreme form of the NNN lease, in which the tenant is responsible for every fathomable real estate risk related to the property and is responsible for every single property related expense, even in instances of a material casualty/condemnation.
This is an accepted version of this page This is the latest accepted revision, reviewed on 12 February 2025. Classified advertisements website Craigslist Inc. Logo used since 1995 Screenshot of the main page on January 26, 2008 Type of business Private Type of site Classifieds, forums Available in English, French, German, Dutch, Spanish, Italian, Portuguese Founded 1995 ; 30 years ago (1995 ...
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