Triple net rents would average about $10-12 per foot with low vacancy in the area.What say you?

But are the leases triple net?

@Michael Plante - This is a buy and hold play, so we are hoping the value down the road doubles or triples in value as has happened in other areas around Louisville in the past.

Judges have been known to give back entire security deposits plus damages which is typically triple the amount of the deposit when the landlord doesn't account for it in a timely fashion - even if they were due the entire amount because of excessive damage.

It was in Yonkers NY and people that were looking at it were mainly from The Bronx and many would say "your Bedroom is too small and we can't fit our triple dresser in here".  

Make sure you triple check with the HOA as well!

Building looks brand new.Size: 6,350 square feetAnnual Rent: $76,200 Lease Type: Triple net lease (NNN) - No costs for me to bear at.Tenants: 1 Tenant - Global industrial company (Worth over $20 billion - listed in London)Lease Period : 3 years with two 3 year renewal options (10% rent increase per renewalPrevious tenant: Was another large industrial company, they left 6 months ago and moved to a new building.

You are talking 210,000 NOI triple net.

I chose to do it slightly differently to avoid a Heloc or 2nd mortgage encumbrance, so far I've paid zero interest and my numbers are going to be triple what your parents expect to spend.I have a credit forum if you or your parents would like to dig deeper but the basic brush strokes are these.1.

That's when I learned all the home sellers (corporate by the way) are doubling to tripling the profit of there sale buy offering the financing outside of a bank.