What are NNN Properties?
NNN Properties are typically free standing buildings that are leased to tenants for a 10 to 25 year term. NNN Properties offer the benefit of little or no management responsibilities as the tenant pays for all, if not most of the expenses. The investor receives their rent with little to no other involvement. Tenants in NNN Properties are divided by both quality and type of businesses they are in. Qualitatively NNN Properties have either credit or non credit tenants. The most desirable (least risk) NNN Properties have investment grade (rated BBB- and better) credit tenants. Non credit tenant NNN Properties have tenants that are not credit rated. These tenants frequently are regional or local businesses or companies that are unrated. Some tenants are considered credit worthy yet are unrated because they carry no debt on their books. Click Tenant Ratings for list of tenants for NNN Properties. Who Buys NNN Properties? NNN Properties are appealing to those who wish to have outright ownersh
