The NNN Triple Net Property Book
There is a reason both vanilla & chocolate ice cream are top sellers. Even though people consider vanilla to be plain and perhaps boring, they still enjoy it. Assuming this analogy is true, comparing a single-tenant NNN property to vanilla ice cream would be reasonable. For example, when you take a bite of vanilla ice cream, you know it will taste good, even predictable. When you own a NNN property, your monthly income stream will be quite good; it will also be 100% predictable. To complete the analogy, let’s associate chocolate ice cream with a multi-tenant property with short-term leases. Examples of multi-tenant property include apartment buildings, shopping centers and office buildings. Income from a multi-tenant property will vary each year and it will take a significant amount of your time to manage and maintain the property. Again, some people prefer vanilla, others prefer chocolate. It’s nice to have options.
Here’s why many investors enjoy owning single-tenant NNN property. NNN describes a lease in which the tenant maintains and pays for all property maintenance, taxes and insurance. Tenants include Walgreens, CVS Pharmacy, Chase Bank, Wells Fargo, Panera, McDonald’s, Dollar General, Home Depot, Wal-Mart, AutoZone and almost every other national retailer you see while driving through prime retail corridors throughout the country. Landlords are mostly individual real estate investors, just like you. Here’s the best part – These Fortune 500 tenants sign long-term leases that range from 10 to 25 years. The price to purchase a NNN property begins at approximately $1,000,000. To make a long story short, owning a NNN property gives you the freedom to work on your day job, travel or do things other than worry about your real estate investment.
The reason you are reading this article is because you want to learn more about NNN property. There are random articles and pieces of information scattered throughout various newspapers and websites. I wrote The NNN Triple Net Property Book to provide concise and quality information to real estate investors like you.
Chapters in The NNN Triple Net Property Book range from Passive vs. Active Income, Location Matters, Two Happiest Days of Owning a NNN Property, Build a Diversified Portfolio, High Leverage = Risk, Which States Should You Target or Avoid, Is an Environmental Problem a Deal Breaker, The Process & the Property, Franchise vs. Corporate Lease, Pros and Cons of a Ground Leased Property, What Is a Letter of Intent, Four Reasons Why Investors Utilize 1031 Exchange, and References Matter.
Visit 1031tax.com or call Alan Fruitman at 1-800-454-0015 to receive a list of available NNN properties and a complimentary copy of The NNN Triple Net Property Book.