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With 1,754,000 sq ft (163,000 m 2) of floorspace, UBS Tower's rents are among the highest per square foot of any building in the Chicago Metropolitan Area at an average of over $25 per square foot on a triple net basis, grossing up to over $40 per square foot. The building amenities also include a two-story underground garage for senior ...
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.).
Investor alert: Triple-net properties can put a check in your pocket every quarter—a can’t-miss opportunity for accredited investors. FrontView REIT is an internally managed net lease REIT ...
Another variation of the NNN lease is the NN lease, or "Net-Net" lease, which is pronounced "double net" where the "net" amounts generally are property tax and insurance. [1] Double net leases, like triple net leases, are usually, though not always, single-tenant arrangements. However, the landlord carries some extra financial maintenance ...
Triple net lease is a term used in real estate to describe a property owner that leaves all of the expenses to its renters. Realty Income is a leader in this space. Natural Resource Partners uses ...
David Greene is a real estate investor and host of BiggerPockets' "The Real Estate Podcast". He has bought, renovated and managed more than 50 single-family rental properties. He owns multifamily...
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.
Consolidated Tomoka Acquires Five Triple Net Properties for $12.8 Million in Orange County, CA DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Consolidated-Tomoka Land Co. (NYSE MKT: CTO) announced today ...
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