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What Is My Commercial Property Worth? How a Broker Opinion of Value Answers the Question
By:Read more: What Is My Commercial Property Worth? How a Broker Opinion of Value Answers the QuestionIf you own retail or office property in Pensacola, “what is my commercial property worth” is rarely a simple question. Residential value comes down to recent sales of similar homes nearby. Commercial value depends on income, lease structure, tenant quality, and what a buyer in today’s market will actually pay for that income. A Broker…
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Triple Net (NNN) Leases Explained for Gulf Coast Investors
By:Read more: Triple Net (NNN) Leases Explained for Gulf Coast InvestorsAsk what is a triple net lease and you will get a one-line answer that misses the point. A triple net lease, often written NNN, is a lease where the tenant pays the three big property expenses on top of base rent: property taxes, building insurance, and maintenance. That structure is why NNN properties are…