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Updated about 8 years ago on . Most recent reply
![Kristen Daniel's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/673369/1621495190-avatar-kristend4.jpg?twic=v1/output=image/cover=128x128&v=2)
Buying & Negotiating Triple Net Lease
I forgot to ask my Realtor about this. I'd be interested in other people's experiences anyway. I'm curious if anyone has any experience buying a triple net lease building with a franchise tenant in it. I'm looking at cap rates of about 6-6.5% but I'm wondering how negotiable the list price is. Especially on buildings that still have about 10 years left on the lease.
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![Greg Scharlemann's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/34733/1621367440-avatar-gregscharlemann.jpg?twic=v1/output=image/cover=128x128&v=2)
What kind of credit are you getting? Is it corporate credit or the franchisee's credit?