Home : finance : 5 Best NNN Properties For Sale In LA
5 best NNN properties for sale in LA

5 best NNN properties for sale in LA

Generally, the real estate taxes, maintenance, and building insurance expenses are paid by the landlord when the tenant pays the rent. However, in the case of the triple net (NNN) property, the tenant has to pay those too, in addition to the utility boils and the rent. The rent is lower for the NNN properties for sale which has made them a popular option among the investors.

Below is a list of the five best NNN properties in Los Angeles.

Convenience store

  • Location : Baton Rouge, LA
  • Cost : $2,995,401
  • Premises : 4,509 SF
  • Renewal options : 4 x 5 years
  • Lease expiration : 1/20/2040
  • Lease type : Absolute NNN
  • Rental increases : 2% annually

If you are thinking about investing in an NNN property in LA, then this convenience store may just be the right option for you. This is an already established store with multiple locations, which makes it a profitable option. It is located in an advantageous position, which offers visibility and traffic.

Jiffy Lube and Precision Tune Auto Care

  • Location : Alexandria, LA
  • Cost : $1,285,714
  • Premises : 5,000 SF
  • Lease expiration : Varies
  • Lease type : NNN
  • Rental increases : Varies

If you want to invest in profitable NNN properties for sale, then consider these auto care facilities. You will have zero responsibility as a landlord and all the support you need from Jiffy Lube. The over 30,000 traffic count of vehicles per day, these facilities have excellent visibility. The Alexandria and Metrocenter Malls are located nearby too, which guarantees even more traffic.

Exxon

  • Location : Bernice, LA
  • Cost : $1,794,966
  • Premises : 2,644 SF
  • Renewal options : 4 x 5 years
  • Lease expiration : 1/31/2039
  • Lease type : Absolute NNN
  • Rental increases : 2% annually

This is one of the best NNN properties for sale in LA. With zero landlord responsibility and consistently great performance, this property will make sure that you get the best out of your investment. Only this February, this Exxon pumped 39,000 gallons of diesel fuel. Currently, it is in consideration to add a Truck Stop to this Exxon property, which will surely render it more profitable.

Convenience store

  • Location : Orleans, LA
  • Cost : $2,089,815
  • Premises : 676 SF
  • Renewal options : 4 x 5 years
  • Lease expiration : 1/20/2040
  • Lease type : Absolute NNN
  • Rental increases : 2% annually

This convenience store establishment operates in over 40 locations, which makes it a known name. This particular property offers constant profits with 2.30-time rent coverage. The store is strategically located in a dense business area, which guarantees regular traffic. The neighboring businesses include Domino’s, Rainbow, Super 8, Wendy’s, Walmart, Taco Bell, Raising Cane’s, McDonald’s, Burger King, Popeyes, and more.

Jiffy Lube

  • Location : Natchitoches, LA
  • Cost : $711,914
  • Premises : 1,600 SF
  • Lease expiration : 2/28/2027
  • Lease type : NNN
  • Rental increases : 12.5% on 3/1/2022

With Shell Oil Company offering a corporate guarantee to this Jiffy Lube, it surely is among the top NNN properties for sale in LA. It is located nearby popular areas, which will make sure to lead heavy traffic towards the establishment. It surely is a profitable investment option for you.

The NNN properties are in demand right now. You can invest in any of these top options to guarantee hassle-free profits.

Top Reads

Top Tags

Popular Reads

Popular smartphones worth buying in 2021
shopping

Popular smartphones worth buying in 2021

A smartphone may last from a few days to a couple of years, but that’s it. A phone’s volatile lifespan depends on factors like how well it keeps up with updates, or sometimes, even how quickly or often we drop it on the floor. Also, it’s an electronic device, so we will need a new one sooner or later. So, here are some of the best smartphone deals to check out if you’re planning to change your phone in 2021. Apple iPhone 12 The Apple iPhone 12 is one of the best smartphones out there. It is available in six colors and comes with three different storage capacities. The smartphone is a perfect fit if you’re looking for a device in between the Mini and Pro versions. While the prices for a SIM-free iPhone 12 start at $829, Verizon and AT&T are currently offering up to $700 credit after trade-in. Samsung Galaxy S21 Ultra We recommend the Samsung Galaxy S21 Ultra if you appreciate a premium Android smartphone. The model is equipped with a 108MP sensor, 6.8-inch AMOLED display, and a whopping 12/16GB RAM. At a price tag of $1249.99 on Samsung’s website, this smartphone deal comes with an extra $50 toward accessories without a trade-in and 4 free months of YouTube Premium.
Read More

5 Types of Tactical Boots

Tactical boots are heavy-duty shoes specially designed to be used in rugged and extreme terrain. A good pair of tactical boots keeps your feet safe from harsh weather while also ensuring comfort. So, whether you are military personnel, a safety worker, or simply someone who loves venturing outback, here are some of the best tactical boots of 2021 to protect your feet. Bates Men’s Ultra-Lites Side-Zip Tactical Boots Bates is one of the top brands in the segment, and their Men’s Ultra-Lites Side-Zip is one of the best tactical boots of 2021. Bates duty boots are a favorite among professional hikers and law-enforcement specialists. It is mainly because of the combination of ballistic nylon and leather used to make them. These materials ensure the shoes are durable and comfortable – a perfect choice for extensive use in the field. Besides, the non-metallic construction of Bates duty boots makes them light-weighted. This is especially suitable for security personnel who frequently walk around metal detectors. Maelstrom Men’s Landship Tactical Boots If breathability is the feature you are looking for in your new military boots, Maelstrom’s Landship could be the right pair for you. The highlight of this product is the mesh fabric wrapped around the shoes’ shaft to maintain airflow.
shopping

3 home remedies for dog allergies

Having a dog for the first time can be challenging if you don’t know what you are doing. If this is your first time caring for a dog, you must be aware of how difficult it is to make sure they receive proper nutrition. If your dog is allergic to certain foods or environmental conditions, you need to be even more attentive. When dogs are allergic to certain foods, they cannot obtain the necessary nutrients from their food. They could also have allergic reactions in the form of hives or skin conditions that is uncomfortable for them. To help you, here are some easy remedies that can provide allergy relief to your dogs. Colloidal oatmeal baths Giving regular medicinal baths to your dogs is a great way to soothe any allergic reactions they are experiencing on the skin. Oatmeal baths have soothing properties that calm itchiness and scratches on the skin, making it a popular recommendation. You could either make your own colloidal concoction of oatmeal-based bath water for your dog, or you could get pre-made colloidal oatmeal from a store. These baths are great for healing redness, swelling, and itchiness. Aloe vera Aloe vera gel is an excellent ingredient to have in your home since it is a natural remedy for a variety of skin and other body conditions.
pets

Top vacuum cleaners for your home

Buying a vacuum cleaner is not a straightforward task. There are multiple reasons for such a difficulty, but the biggest one is that every household is different. Each vacuum cleaner has its own type of design, due to which there’s no guarantee that one model will work for every house. So, instead of looking for the best vacuum cleaner, we think it is better to go with the one that suits your home. Here are our five best picks: Shark® APEX® Upright Vacuum This vacuum cleaner is a good choice against dust particles stuck on stairs, behind furniture, and in corners. This cleaner is also well sealed, which prevents dust from creeping out. The Shark® APEX® Upright Vacuum doesn’t make too much noise and has been tested to perform well on both carpets and bare floors. Dyson V15 Detect™ Absolute This cleaner lasts up to 60 minutes on battery, which is ideal if you have a big house. It also has an LCD screen that shows the remaining run-time and where blockages are located, which ensures thorough cleaning. The laser-totting head and a High Torque cleaning head work well for both hard floors as well as carpets. Dyson Cyclone V10™ Absolute Cordless Vacuum Cleaner Unlike many vacuum cleaners in the market, the Cyclone V10 is easy to maneuver.
shopping

5 quintessential current shoe trends

A decent pair of sneakers or oxfords or even Birkenstocks can add so much more than mere functionality to your daily look. Different types of footwear are specially designed to complete your daily fashion ensemble. There are so many styles and varieties to choose from, making it a lot harder to pick. Here are some of the best shoe trends for men and women to explore as per the season, occasion, and purpose. Men’s classics Sneakers are the ultimate classic footwear. In fact, top footwear brands reintroduce these trendy kicks every year in vivid styles. Minimalist sneakers are available in the primary solids, usually featuring an all-white finish. Brands like Converse, Adidas, and Nike focus on the classic double tone silhouette, featuring two popular solid colors with their brand logo. Furthermore, you have the bright-colored maximalist or chunky sole sneakers that go well with casuals and denim. Sneakers are the quintessence of fashionable footwear for all. From old-school canvas by Nike, Adidas YEEZY, and Puma to easy slip-ons by Vans, there are many popular options to explore. Vans Classic Slip-on shoes with a checkerboard pattern is popular among sneaker lovers. Since its first introduction back in the late 70s, this iconic Southern California favorite is certainly leaving its mark all over the place.
shopping