| Location | Westworth Village, TX |
| Lease Term | 15 Years |
| Acquisition Date | Oct 2016 |
Dallas/Ft. Worth MSA. Property is located in Ft. Worth, within an affluent community that is anchored by a major air force base with over 25,000 employees. Major retail trade area: Walmart, Sam’s Club, Target, LA Fitness, Ridgmar Mall. New Corporate Store and an oversized parcel with ample parking.
No. You are investing in NADG NNN REIT I that has purchased this building, which is leased to the tenant Raising Canes 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.
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