During the onset of the COVID-19 pandemic, no one thought that trusted brands and multinational companies would be hit the hardest. It was indeed a trying time for all businesses and investors. But after meeting the new CDC guidelines, some essential services and retailers came through the pandemic surprisingly with increased profit. As a result, a lot of triple net lease investors are looking into dependable NNS lease tenants such as Walgreens, affordable dentures offices for sale, fast food brands, and other essential businesses that remained stronger even amid the pandemic.
Never Underestimate the Power of a Good Location
Just like any other real estate, location plays a crucial role when it comes to determining the NNN property value. You can also predict your success based on your location for the long term. There are two aspects of locations that you should carefully consider before you decide to invest in an NNN property: the potential in the physical location of the building and the viability of its geographical location.
How physical location of an NNN property affects your success
Properties located in established and accessible physical locations have the highest potential when it comes to the best NNN investments. Looking for a triple net investment that is located in a high traffic area and good accessibility is ideal, such as the Affordable Dentures offices for sale. Select properties that are located on a corner for good accessibility and close to other businesses operating in the proximity to the NNN lease building.
The presence of strong anchor locations near the NNN property is a sign that its high traffic and a consistent business area. Anchor properties play an important role in attracting customers and shoppers to your NNN investment property. In the long run, your investment will benefit a lot from that established traffic. This is the reason why Affordable Dentures offices for sale are located mostly near interstates and other large retail developments like regional malls.
Why you should consider the geographical location of an NNN property
Studying the geographical location of your potential property is important so you can determine the potential success of your triple net investment. Areas with high growth rates and steady population increases are something that you should be looking for. If people continue to flock to a particular area or city, then there is a high success for NNN investment opportunity that coincides with this growth pattern. You want to ensure that the area for your NNN property has a positive employment rate and a healthy economy. Note that economic growth is a success indicator if you want your investment property to thrive. If there are restaurants, shopping locations and stores then it means there will be a wider pool of customers who visit the area more frequently and have the flexibility to spend.
The tenant demand and ability to replace tenants are the two things you also have to keep in mind when looking for the best possible location for your triple net property. Even if you have a strong tenant in your building, your ROI will still be affected if your NNN investment is not located in a high traffic area.
There’s a reason why a triple net lease is one of the most attractive options for investors and landlords. Here’s what you need to know about the NNN lease before you invest in Affordable Dentures triple net lease.
1. There is long-term occupancy
There are triple net properties that come with longer occupancy terms such as single-tenant deals with national or regional credit tenants. If you invest in triple net properties, you will feel secure because you will be collecting rent for quite some time without worrying about replacing vacant units. Before opening a new location, NNN Dentures Clinics usually list a space in a shopping centre for about 3 to 5 years just to test the market.
2. The leases are transferable
Triple net leases are similar to other commercial real estate investments wherein you can transfer between owners or trade hands multiple times. It is also possible to purchase a long-term lease and gain profit from it for a few years and then flip it to the next investor who also uses the same strategy.
3. You can take advantage of minimal landlord responsibility
Triple net leases have three nets and these are area maintenance, property taxes, and building insurance. This gets to pass through to the tenants and each tenant will pay their proportionate share of expenses. Property management falls on the landlord including common area maintenance. Because of this advantage, it’s so easy for investors to buy NNN properties such as Affordable Dentures real estate for sale across the country and not just within their city.
4. It offers a reliable passive income
Nmn investments are one of the top-performing passive income. The leases are often guaranteed by tenants that have strong credit standing and stay in place for years. It would be an advantage especially if you have a property manager who collects to rent and handle any issues with your tenants.
5. It offers protection from and increasing costs
This feature is probably one of the reasons why a lot of investors purchase triple net investments. The cost of owning and operating the property is handed down directly to the tenants that benefit from it. If there is an increase in expenses, the landlord is the one who covers the difference.
Ready To Invest in NNN Dentures Clinics?
There are several variations of lease structures that you can choose from when thinking about leasing a commercial business or space. Take note though, that not all NNN properties offer the same type of investment opportunity. When it comes to NNN investing, understanding all the nuances of this type of real estate is important to help you choose the best option for your portfolio and achieve your overall investment goals.
If you are looking for an investment property that focuses solely on dentures and related services, then affordable dentures clinics for sale is your best bet. They focus more on the convenience of their clients and they also offer onsite laboratories with same-day service. You can also check out our blog to gain more insights.