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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 ...
FESTUS, MO (KPLR) – A former roller rink turned cave home is up for sale in Festus, Missouri, and buyers are lining up to bid on the home. The cave home located at the 200 block of Cave Drive in ...
The interior of SubTropolis. SubTropolis is a business complex located inside of a 55,000,000-square-foot (5,100,000 m 2), 1,260-acre (5.1 km 2) mine in the bluffs north of the Missouri River in Kansas City, Missouri, United States.
W. P. Carey is a real estate investment trust that invests in properties leased to single tenants via NNN leases. [1] The company is organized in Maryland, with its primary office in New York City. [1] As of December 31, 2019, the company owned 1,214 properties in 25 countries leased to 345 tenants.
Road work is causing delays on and near some Kansas City bridges that cross the Missouri River. Here’s what to know for your Northland commute. Driving between the Northland and downtown KC?
The Cedar Rapids and Missouri River Railroad was a railroad chartered to run from Cedar Rapids, Iowa to Council Bluffs, Iowa on the Missouri River.Under lease by the Chicago & North Western Railroad, it was the first railroad to reach Council Bluffs opposite Omaha Nebraska, and the eastern terminus of the First transcontinental railroad. [1]
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