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Updated about 8 years ago on . Most recent reply

User Stats

12
Posts
7
Votes
Chris Kelly
  • Investor
  • Burlington, VT
7
Votes |
12
Posts

NNN lease for multiple businesses in one building

Chris Kelly
  • Investor
  • Burlington, VT
Posted

Good Morning Bigger Pocket forums, 

I am looking into purchasing a commercial property very soon and I have several businesses that are looking into leasing a section of the building. How would a NNN agreement work in that situation. Would I need to create a NNN agreement for each business? If so, how would they divide up the tax's, insurance, ect...

Or does a NNN not apply in this situation.

Thank you very much in advance. 

Chris

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