Commercial Triple Net deal??

[Josh Trapp]

I'm currently Looking at a commercial triple net deal.  Buying the property from the owner who will then sign a 10 year lease.  750k for the property and 5500 monthly income.  Property includes office space and vehicle maintenance facility.  

Any thoughts?  What questions should I have answered? 

[Louis Swingrover]

@Jeff B. good point! I totally agree that the tenant's credit is an important issue and that the greatest contract in the world doesn't guarantee that the tenant will satisfy their obligations.

Furthermore the nature of their business, the demand for their product in the surrounding market, demographic factors, and then broader macroeconomic factors ought to be weighed as well.

That said, none of this makes any given NNN deal a total crap shoot! (Not to mention that many of these risks are not unique to triple net investing.) I'd say these risks ought to be analyzed and mitigated, and then all the factors weighed carefully.