Top 3 Prime NNN Investment Properties You Should Consider
Explore three top NNN properties in New York and California, including John Deere dealerships and Walgreens retail spaces. These properties offer long-term leases, prime locations, and stable cash flow, making them excellent choices for real estate investors seeking reliable income and portfolio diversification.
Top 3 Prime NNN Investment Opportunities
Triple Net Lease (NNN) properties are a unique category of retail real estate designed for single tenants, where tenants handle insurance, maintenance, and taxes in addition to rent. Below are three noteworthy NNN properties available for purchase in New York, ideal for expanding your investment portfolio.
John Deere Dealership with a 20-Year Absolute NNN Lease
Location: Chatham, New York
Property Type: Retail
Price: USD 1,600,000
Building Class: B
Lot Size: 15 acres
Year Built: 1974
This property, a John Deere dealership available for a long-term lease, is situated in a bustling retail district of Chatham. With annual rent increases, a fixed 20-year lease, and full ownership rights, it’s a valuable addition to any investment collection.
Walgreens Retail NNN Property
Location: Long Beach, California
Property Type: Retail
Price: USD 8,500,000
Lot Size: 1.01 acres
Parking Ratio: 3.98 per 1,000 SF
Year Built: 2003
This Walgreens property comes with a drive-thru and lease renewal options every five years. Its strategic location and tenant stability make it a compelling investment.
John Deere High-Profile NNN Lease
Location: Fultonville, NY
Property Type: Retail
Price: USD 1,214,815
Building Class: A
Lot Size: 14.29 acres
Year Built: 1980
This John Deere dealership is highly sought after for its consistent tenants, prime location, and 20-year lease with annual rent increases. Supported by John Deere’s 175 years of expertise, it offers a reliable investment opportunity.
Investing in rare assets such as shopping mall NNN properties can diversify your portfolio further. These properties are scarce, and timely acquisitions can be highly profitable. With numerous options in major US cities, building a robust investment portfolio has become more accessible than ever.
Note:
The content is compiled from various research sources and expert insights. Market conditions and data accuracy may vary over time. We recommend consulting financial professionals before making investment decisions, as we do not assume responsibility for any discrepancies or opinions expressed herein.
