NNN properties are leased to tenants on a triple-net basis, meaning the tenant is responsible for and pays for all real estate taxes, insurance, and property maintenance. This unique lease structure makes NNN properties a largely passive commercial real estate investment.
Jonathan D. Florin, an NNN-focused CRE veteran with over $600 million in closed transactions to his name, guides you through the benefits and process of buying NNN properties for investments or as part of a 1031 exchange.
Starting with the advantages of acquiring NNN properties, Florin provides a comprehensive primer on the acquisition process, due diligence, financing, and 1031 exchanges. You'll discover the importance of using a professional NNN team, how to select a property, and the real estate terminology needed to understand NNN transactions. You'll also learn to identify common obstacles to the acquisition process and how to overcome them.
NNN properties include retail, office, and industrial real estate, and include nationally recognized tenants such as Walgreens and CVS. Discover how to leverage NNN properties to your advantage and reap the rewards of commercial ownership-without the NNN expenses or day-to-day management responsibilities.
About the Author: Jonathan D. Florin has a deep understanding of the commercial real estate industry, with personal career closings of over $600 million in NNN, retail, office, industrial, multifamily, self-storage, and hotel transactions.
Florin is CEO of CRELoans.com, a best-in-class commercial real estate firm focused on brokering NNN financing. Prior to founding CRELoans.com, he served as the director of capital markets at a national brokerage firm and as an acquisitions and development associate for a $10 billion AUM real estate private-equity firm.
Florin holds an MS in real estate development from the University of Maryland, and he earned his BS in business administration from the University of Central Florida. An active member of the International Council of Shopping Centers, Florin has a passion for world travel.