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Updated about 3 years ago,
Seeking advice on NNN or Absolute Net leaseback on Industrial
I'm looking at an absolute net leaseback with what appears to be a thriving industrial company. Financials show consistent growth in revenue over the years. It's a 15 year lease back with 3 different options for additional 5 year terms after. Annual rent escalates at 2%/year. It's a huge investment compared to my SFR portfolio but at a 7% cap, it shows great returns down the road and would pretty much set us up for life after retirement. I have zero experience with NNN investments so would love any guidance or potential red flags to look for.
Ethan