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What You Need to Know about "Triple Net"

What You Need to Know about "Triple Net"

Whether you’re looking to lease or invest in commercial real estate, you’ve probably run across the term “triple net.” But what does that actually mean? Here’s the complete guide on everything you need to know about NNN (triple net).

Chattanooga ATT Building Sold for 8.5% Cap

Chattanooga ATT Building Sold for 8.5% Cap

The two-story building totals 6,955 square feet and is situated on a 2.88-acre parcel with points of ingress/egress on Dodds Avenue and East Main Street. Following construction in 1987, the building was immediately leased to Bellsouth Telecommunications, LLC for use as a service operations facility.