In this video, Joel defines NNN and what it means for an investor.
What is a triple-net lease?
Within the commercial real estate industry, NNN is Net Net Net Lease. A triple-net property tenant is responsible for paying the property taxes, insurance, and the maintenance required for the property.
As an NNN investor, what are the responsibilities?
Unlike a tenant, an investor is simply being paid a check monthly by the tenant to lease your property.