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NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida .
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.).
In commercial real estate leases in the United States, the tenant, rather than the landlord, is usually responsible for real estate taxes, maintenance, and insurance. In a "net lease", in addition to base rent, the tenant or lessee is responsible for paying some or all of the recoverable expenses related to real-estate ownership.
The proposed new exit sign design features an "Accessible Means of Egress Icon", which includes an adaptation of the "running man" symbol with a new wheelchair symbol. The design is considered an enhanced version of the ISO 7010 and ISO 21542 accessible exit sign that shows the "running man" and International Symbol of Access at the end of the ...
Realty Income Corporation is a real estate investment trust that invests in free-standing, single-tenant commercial properties in the United States, the United Kingdom, and six other countries in Europe. These properties are subject to NNN Leases. The company is organized in Maryland with its headquarters in San Diego, California.
Here’s the real story behind the US affordability crisis As Americans across the country face mounting financial pressure from the rising cost of living, a familiar voice from the business world ...
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.
A 72-year-old California woman has sued Home Depot for age discrimination and wrongful termination after the retail giant fired her for failing to stop $5,000 in fraudulent transactions.
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