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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 .
Investors can benefit from NNN lease properties in a variety of ways. In NNN leases, tenants take on the responsibility of major expenses, such as HVAC and roof repairs, keeping the operation cost lower for the landlord. Typically, NNN leases have lower rent per square foot rates which increases the tenant pool when a landlord is ready to lease ...
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 ...
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.
Toyota's iconic Land Cruiser takes the top spot on iSeeCars' list of longest-lasting cars, with a staggering 16.3% of Land Cruisers still on the road at the 200,000-mile mark.
The National Motor Vehicle Company was an American manufacturer of automobiles in Indianapolis, Indiana, between 1900 and 1924. One of its presidents, Arthur C. Newby, was also one of the investors who created the Indianapolis Motor Speedway. [1] The company first concentrated on electric vehicles but soon began producing gasoline-engined cars ...
The Indiana Boxcar Corporation (IBC), based in Connersville, Indiana, United States, provides services such as locomotive leasing to the rail industry. It also owned several short-line railroads which operated lines under contract for their owners: [1] Chesapeake and Indiana Railroad under contract for the town of North Judson, Indiana (2004 ...
Moffat Tunnel – leased to Union Pacific Railroad by the state of Colorado under a 99-year lease until 2025. [5] A lease extension of 25 years was agreed to after the initial 99 years expired. [6] [7] Ontario Highway 407 Express Toll Route – leased to private company by the Ontario provincial government under Premier Mike Harris for C$3.1 ...