Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago,

User Stats

5
Posts
0
Votes
Naresh Mistry
  • Longwood, FL
0
Votes |
5
Posts

Analyzing a NNN lease purchase with 3 years remaining

Naresh Mistry
  • Longwood, FL
Posted

Has anyone had experience of purchasing NNN lease with a few years remaining with multiple renewal options and somehow getting agreement on securing the renewal or redrafting the lease as part of the due diligence period? I am looking at Walgreens with 3 years remaining on base term with a 8+ Cap rate. If this were feasible, it begs the question why a seller would not just do this before putting it on the market? Appreciate feedback from anyone that has had first hand experience with this.

Loading replies...