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NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida. [1]
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.).
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 ...
The city of Milwaukee is instating a program that will sell 100 foreclosed homes in the Sherman Park, Wisconsin area for $1 each and give each new homeowner a $10,000 grant to help develop the ...
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...
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Urban Milwaukee is an online daily that provides real estate, politics, arts and entertainment news about Milwaukee, Wisconsin. [1] The site features approximately 5-10 articles a day focusing on city council hearings, investigative reports, real-estate developments and entertainment news. focusing on dining, arts and entertainment, movies, music and sports.
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