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Updated about 17 years ago on . Most recent reply

Shawn Hamilton's profile image
Shawn Hamilton's profile image
Shawn Hamilton
  • Real Estate Investor
  • from North Truro, Massachusetts
  • Member since Jan 18, 2008
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Shawn Hamilton's profile image
Shawn Hamilton's profile image
Shawn Hamilton
  • Real Estate Investor
  • from North Truro, Massachusetts
  • Member since Jan 18, 2008
Connect
Shawn Hamilton
  • Real Estate Investor
  • North Truro, MA
1
Votes |
7
Posts
Commercial Real Estate Investing

NNN Properties - Can you sell the note?

Shawn Hamilton
  • Real Estate Investor
  • North Truro, MA
Posted

I'm researching a NNN property - WalGreen's. This would be my first purchase of this property type.

The lease terms are 25+ years with options every 5yrs.

Although I have not reviewed the contract, Does anyone know if the Lease Note can be sold to a Note Buyer/Broker?

I have done this before with residential properties, I'm curious to know if this would be common for NNN properties as well.

Thank-You

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