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Updated over 5 years ago,
First office building purchase - NNN lease?
We are closing on an office building in about 40 days. Its a 5000 sq ft century home converted into 5-6 separate office spaces with me occupying one for my business. I plan on having some commercial agents through for a better understanding but what dictates when to apply NNN/Gross/Hybrid lease?
When I initially ran my numbers I didn't even know what a NNN lease was so but it sounds interesting to think I can get some taxes and insurance paid for.