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Updated about 2 years ago,
Benjamin AakerPoster
Professional Services
Pro Member
- Rental Property Investor
- Brandon, SD
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Absolute NNN Diligence Question
Questions for commercial investors out there:
1. When underwriting an building purchase with attached absolute NNN lease, what diligence items do you typically request?
2. Do these items change for you if the property was recently built and has a long-term lease vs an older property with a 'seasoned' lease?
3. Do these change based on the credit history of the tenant?
Thanks for your help!
1. When underwriting an building purchase with attached absolute NNN lease, what diligence items do you typically request?
2. Do these items change for you if the property was recently built and has a long-term lease vs an older property with a 'seasoned' lease?
3. Do these change based on the credit history of the tenant?
Thanks for your help!