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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.).
The REIT uses triple net leases, which means its tenants need to cover their own ... The REIT ended its latest quarter with an occupancy rate of 99.6% and a weighted-average lease term of 7.9 ...
It happens to be the largest player in the triple net lease niche, with a market cap of about $50 billion and a portfolio of more than 15,400 properties. ... The best Walmart Black Friday 2024 ...
Net lease types include single net, double net, and triple net leases, depending on the number of items they include. The term "net lease" is often used as a shorthand expression for any of these arrangements. The three most common expenses charged back are property taxes, insurance, and maintenance, often called the "three nets". [1] A triple ...
The company, which owns more than 15,000 properties, has plenty of room for growth in front of it as it estimates a $4.7 trillion net lease addressable market in the U.S.
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. [1]
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