How does location affect the value of a triple net investment property?
Location is an important factor when evaluating this type of property. The value of a triple net investment property is directly related to the desirability of its location. The value of the location includes factors such as the following: • Demographics • Proximity to other national tenants • Traffic counts • Site visibility • Traffic signals • Hard corners • Ingress and egress (accessibility into and exiting the property) • Environmental considerations Back to top • Once a purchase offer is submitted on a property, how is the offer evaluated? Purchase offers are typically initiated when a Buyer signs a Letter of Intent (LOI) to purchase. After the Seller receives the purchase offer (LOI), an investor can expect a response from the Seller in the form of an acceptance or a counter offer to the LOI. Once the Buyer and Seller agree on the LOI, a Purchase Agreement is drawn, usually by the Seller/Sellers attorney, and delivered to the prospective Buyer within a few days from the acceptanc
