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I’m looking into renting a commercial space in a local office building in town but before I call up the lease agent want to understand some of the basics so I can understand if I can afford it. What’s baffling me is that some listings are "Net Net" (NN) and others are "Net Net Net". What the heck do those mean?
The cap rate calculator, alternatively called the capitalization rate calculator, is a tool for all who are interested in real estate.As the name suggests, it calculates the cap rate based on the value of the real estate property and the income from renting it.You can use it to decide whether a property’s price is justified or to determine the selling price of a property you own.
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A triple net lease is a commercial lease for which the lessee essentially takes on all the cost of the property in addition to a monthly lease payment. The lessee is directly responsible for.
Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the US, as well as in the UK. More.
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Methods Used in Calculating commercial real estate You may find this explanation of terms and methods common to real estate useful while searching for commercial space to lease. This overview should help you compare similar. triple Net Lease (NNN Lease)-This generally means that you will pay a
The latest Tweets from (@nnn_calculator). //LEC// 29:67.1% / 29:63.8% / 30.
Lease rate: $5.00/SF/YR NNN (NNN = $3.25) This means that if you are renting a space that is 1,000 SF then your rent per month will be: $687.50/mo plus utilities. MG – Modified Gross – In this type of lease rate one would have the base rent and the NNN expenses already accounted for. So, the only extra charge would be the utilities.
SMTA is managed by a wholly-owned subsidiary of Spirit Realty Capital, Inc. SRC, -0.80%, one of the largest publicly traded triple net-lease REITs. As of March 31, 2019, our diversified portfolio was.