REIA of DetroitREIA of Detroit
Gary SmithGary Smith
Marcus & MillichapMarcus & Millichap
Triple Net LeaseTriple Net Lease
PROCESSPROCESS
CONTROL the IntersectionCONTROL the IntersectionNETWORK with InfluencersNETWORK with Influencers IDENTIFY your FinancingIDENTIFY your FinancingMARKET the DealMARKET the Deal
RESOURCESRESOURCES
FEAFEACCIMCCIMNASSANASSA ICSCICSCNRFNRFNRANRA
FEA Fed. Exchange Accom.FEA Fed. Exchange Accom.
www.1031.orgwww.1031.orgKnow the Code (IRS)Know the Code (IRS)
CCIM Cert Comm Invest MgrsCCIM Cert Comm Invest Mgrs
www.ccim.comwww.ccim.comDeal BrokersDeal Brokers
NASSA North Amer Sec Admin AssnNASSA North Amer Sec Admin Assn
www.nasaa.orgwww.nasaa.org Investment regulatorsInvestment regulators
ICSC Intl Coun Shopping CtrICSC Intl Coun Shopping Ctr
www.icsc.orgwww.icsc.orgFollow the trendsFollow the trends
NRA Natl Restaurant AssnNRA Natl Restaurant Assn
www.restaurant.orgwww.restaurant.orgWhat’s hotWhat’s hot
NRF Natl Retail FederationNRF Natl Retail Federation
www.nfronline.comwww.nfronline.comWhat’s hotWhat’s hot
SAMPLESAMPLE
SAMPLE contSAMPLE cont
Triple Net Lease (NNN)Triple Net Lease (NNN)Who is responsible for what?Who is responsible for what?
Tenant:Tenant: Base rent Base rent Property taxesProperty taxes Property insuranceProperty insurance Pro-rata share of common area maintenance (CAM) which can include Pro-rata share of common area maintenance (CAM) which can include
common area landscaping, utilities, snow removal, repairs, etc. common area landscaping, utilities, snow removal, repairs, etc. Personal property and liability insurance which once in place must show the Personal property and liability insurance which once in place must show the
Landlord as additionally insuredLandlord as additionally insured Personal Property TaxesPersonal Property Taxes Janitorial services Janitorial services UtilitiesUtilities PhonePhone InternetInternet
CONTACTCONTACT
Gary SmithGary SmithRealtorRealtorMarcus & MillichapMarcus & Millichap248.415.2600248.415.2600Gary.smith@[email protected]
Top Related