NNN increase by 3% per year

[Kwan M. Lee]

I recently purchased a commmerical building about 9 month ago. One of the tenant lease is about to end soon next 60 days. As landlord, I like to increase NNN by 3% per year (since the tenats NNN has stayed same last 5 years)

What do you think if the tenant will accept the renewal offer ????

(Part of renewal offer : I am replacing new carpet and water sealant about $10000 for free for tenant)