What are some examples of Commercial Triple-Net Leased properties?
The drugstore chains such as Walgreens, Eckhard’s, CBS, Rite-Aid. Restaurants and fast food chains such as Arby’s, O’Charley’s, Applebee’s, Shoney’s, KFC, Burger King, Chili’s, Jack-in-the-Box, Mrs. Winners, Captain D’s., Buffalo Wild Wings. Other examples are Dollar General, Wal-Mart, Verizon Wireless, Hi-Fi Buys, Circuit City, Auto Zone, Blockbuster Video, IHOP, Office Depot, OfficeMax, Home Depot, Staples, Kmart, Payless ShoeSource. They have all been available to investors in the past year. What are some of the advantages of a Triple Net property? There are several advantages. First, the monthly Lease arrangement provides a very predictable, long-term income stream to the property owner. Second, since there are no property expenses (taxes, maintenance, or insurance) to be deducted, the income stream is not impacted by future increases in property operating expenses. Subject to the credit worthiness of the Tenant and the terms and conditions of the Lease agreement, the investor can
