Commercial Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 11 years ago,
Advantages of a NNN lease?
I've been studying some REIT's business models lately and noticed the term triple net lease. I understand the definition of a NNN but I don't see the advantage to the lessee? It seems that they take on all the expenses of the property without actually owning it. Is that just so the lessee doesn't have to carry the debt or asset on its books and the rent just becomes an operating expense?