Why Triple Net?
NNN leases are longer in length than a typical residential lease, providing long-term security and potentially lowering the risk of vacancies.
Since the tenant pays all of their own expenses, cash flow can reliably be predicted. Tenant usage will not affect net operating income.
NNN leases are one of the most solid and best-producing Investments in Real Estate. This is due to the combination of long-term tenants with strong financials and the tenant covering the Investor‘s expenses associated with the daily operations of the business.
There are many market factors associated with Commercial Real Estate that require a Top-Tier Agent to represent you as the client. Because Phoenix is moving so quickly, it is imperative to have a Broker who is involved with the inner-circle of Real Estate Professionals as well as owners and tenants. Gerchick Real Estate is involved in the Phoenix market every day and we are constantly evaluating new opportunities as they arrive on the market, evaluating the financial background of the tenants in order to provide a complete analysis for our Investors.
As Triple Net Investment (NNN) specialists, Gerchick Real Estate can work with high-level investors desiring high returns and added security.
A NNN is a common type of lease in Commercial Real Estate. In a NNN, the tenant is responsible for the owner‘s expenses such as Property Taxes, Maintenance and Insurance. This is above and beyond the rent per square foot being charged by the owner.