| Location | Birmingham, AL |
| Lease Term | 15 Years |
| Acquisition Date | Sept 2016 |
Birmingham MSA. Property is located right at an exit off Interstate 65 in an affluent suburb of Hoover, and enjoys advertising signage along the Interstate. Located along a high traffic, local retail corridor. Demographics are some of the strongest in the state, with average HH incomes exceeding $90,000. Corporate store that was built in 2014, backed by a strong regional operator that has been in business since 1977.
No. You are investing in NADG NNN REIT I that has purchased this building, which is leased to the tenant Bo Jangles restaurant.
That is correct. You as an investor own a share of the Fund that owns this building.
A triple net lease (triple–Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three “nets”) on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.)
A building lot separated or separable from a commercial development, the selling of which provides liquidity for the developer.
Yes you can as freestanding building are separately platted parcels. This is extremely advantageous to both the tenants and owners.
Fill out the form and our team will be in touch with you promptly. Thank you for your interest!
Error: Contact form not found.
