3 great NNN properties as investment opportunities

3 great NNN properties as investment opportunities ?>

A Triple Net Lease Property, also known as NNN Property is a type of real-estate retail asset for single-tenant occupancy. An NNN property is different from most other rentable properties, as the tenants have to pay the insurance, maintenance fees, and taxes from their own pockets in addition to paying the rent. Listed below are the four NNN properties for sale in New York.

John Deere New 20 Year Absolute NNN Lease

  • Location: Chatham, New York
  • Property Type: Retail
  • Price: USD 1,600,000 (at the time of checking)
  • Building Class: B
  • Lot Size: 15.00 AC
  • Number of Stories: 1
  • Year Built: 1974

If you are looking for John Deere dealership NNN properties for sale in New York, this particular property will definitely interest you. Located in Chatham, this retail property is available for a 20-year lease, with a 2% increase in rent per year. The property is located in a heavily-populated retail area, which will facilitate dense footfall and help your business accordingly. With a 100% fee simple interest, this NNN property surely belongs in your real-estate investment portfolio.

Walgreens NNN Property

  • Location: Long Beach, California
  • Property Type: Retail
  • Price: USD 8,500,000 (at the time of checking)
  • Property Subtype: Drug Store
  • Lot Size: 1.01 AC
  • Parking Ratio: 3.98/1,000 SF
  • Year Built: 2003

If you have been pondering over the idea of renting Walgreens retail NNN properties for sale, then this one is for you. The property comes with its own drive-thru, which definitely will boost your business. Walgreens hold the decision of ending the lease at the completion of the 25th year and every 5 years after that.

John Deere Absolute NNN Lease for 20 Years

  • Location: Fultonville, NY
  • Property Type: Retail
  • Price: USD 1,214,815 (at the time of checking)
  • Building Class: A
  • Lot Size: 14.29 AC
  • Number of Stories: 1
  • Year Built: 1980

The John Deere NNN properties for sale are immensely popular in New York because of their profitability and the dealership is always in demand among the real-estate investors. The property is available for single-tenant occupancy and it is supported by John Deere, with its 175 years of experience. This John Deere dealership is located in a populated area, which surely makes this an attractive investment opportunity to diversify your portfolio. The lease is available for 20 years with a 2% increase in rent annually, including 4, 5-year options.

Aside from these properties, you can also look for options such as shopping mall NNN properties for sale. These are hard to find because of their rarity and if you do find the perfect one to invest in, it is advisable to not let go! With all these great NNN properties available for rent or sale in major American cities, you can easily build an impressive and profitable investment portfolio.

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