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NNN Reit is a 40-year-old publicly traded real estate investment trust firm that owns 3,548 properties in the United States. It specializes in owning a diverse range of free-standing, income ...
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This led to the destruction of the historic Cincinnati restaurant chain after the locations were shuttered permanently due to an inability to pay the rising rent. As a result, there is a strong distaste for NNN Reit in the Cincinnati area In April 2017, Craig Macnab retired and Jay Whitehurst became CEO & President of the company. [11] [12]
A house on the real estate market in Cincinnati, Ohio, for $2.99 million has a popular social media page reeling thanks to its basement that doesn’t match the decor of the rest of the stunning home.
[2] [1] These expenses are often categorized into the "three nets": property taxes, insurance, and maintenance. In US parlance, a lease where all three of these expenses are paid by the tenant is known as a triple net lease, NNN Lease, or triple-N for short and sometimes written NNN. The term "net lease" is distinguished from the term "gross ...
NNN lease investments are essentially inflation-protected bonds guaranteed by a credit tenant, rather than a state or local municipality. The tenant makes monthly payments to the landlord, while the real estate (and often rent bumps called for in the lease) provides the investor protection against inflation.
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related to: nnn properties for sale in ohio on zillow rentals homes for seniors 60