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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 ...
Andrew Thomas House, in Carroll County First Christian Church, designed by Eliel Saarinen, in Bartholomew County Jeffries Ford Covered Bridge, destroyed by fire in 2002 but still NRHP-listed, in Parke County State Bank of Indiana, Branch of (Memorial Hall), in Vigo County USS LST 325 (tank landing ship), Vanderburgh County St. Augustine's Episcopal Church, designed by Edward D. Dart, in Lake ...
Northern Indiana is also situated in the heart of the Rust Belt, an area of the U.S. that has suffered deindustrialization and some economic stagnation since the late 20th century. The Calumet region of Northwest Indiana is home to much heavy industry, notably steel mills. The Calumet region is the nation's second-largest steel-producing area. [21]
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.
The NHLs in Indiana comprise approximately 2% of the 1,656 properties and districts listed on the National Register of Historic Places in Indiana as of December 2009. The landmarks are among the most important nationally recognized historic sites in the state; the George Rogers Clark National Historical Park is one other site that has high ...
Northwest Indiana, nicknamed "The Region" after the Calumet Region, [1] is an unofficial region of northern Indiana, United States that is located at the northwestern corner of the state.
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