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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.
A lawsuit filed by housing groups over the Chicago Housing Authority’s agreement to lease land to the Chicago Fire soccer club for a new training facility on the Near West Side was dismissed Friday.
A lawsuit demands the nullification of leases that allow UCLA and a private school to maintain facilities on land deeded more than a century ago to veterans. VA's illegal leases on West L.A ...
Craigslist headquarters in the Inner Sunset District of San Francisco prior to 2010. The site serves more than 20 billion [17] page views per month, putting it in 72nd place overall among websites worldwide and 11th place overall among websites in the United States (per Alexa.com on June 28, 2016), with more than 49.4 million unique monthly visitors in the United States alone (per Compete.com ...
Chicago Lawyers' Committee For Civil Rights Under Law v. Craigslist, 519 F.3d 666 (7th Cir. 2008), [1] is a Seventh Circuit decision affirming a lower court ruling that Section 230 of the Communications Decency Act (CDA) provides immunity to Internet service providers that "publish" classified ads that violate the Fair Housing Act (FHA).
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