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Updated over 6 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Central, fl
  • Member since Jul 18, 2016
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Central, fl
  • Member since Jul 18, 2016
Account Closed
  • Rental Property Investor
  • Central, fl
821
Votes |
950
Posts
Commercial Real Estate Investing

NNN lease a good investment

Account Closed
  • Rental Property Investor
  • Central, fl
Posted

So I found a true NNN lease that is listed as a 9 CAP. It is a car wash that is well established in a tertiary market. Wondering if that is a good rate for a car wash and also what other things should I be looking at for the structure and the lease itself. It's on a 10 year lease and it is 3 years into it with 2 five year options attached beyond that.

Thanks for any advice, good or bad. 

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