Florida | Net Lease Properties for Sale
Are you looking for a net lease property for sale in Florida? This type of lease essentially states that the tenant (or the lessee) is responsible for most of, if not all, the operating costs. This creates a hassle free financial opportunity for an owner. Florida net leases may be very attractive to a landlord. The costs in question are usually typical operating costs or costs that help maintain the property. These can include:
- Utility Fees
- Trash Collection Fees
- Property Management Fees
- Property Insurance
Although what the tenant pays can vary from lease to lease, there are extreme benefits for owning a net leased asset. In the commercial real estate industry it is more common to see a triple net (NNN) lease than a single net (N) lease. A NNN lease means that all costs are covered by the tenant, a double net (NN) means the landlord covers one of the expenses, i.e. roof and structure, and single net means the owner covers even more than that.