Triple net lease commercial real estate investments are a sure-fire way to secure passive cash flow streams without the financial or temporal burdens landlords typically drag at their feet. Discover the keys to your financial freedom in Virginia.
Virginia is endowed with a strong economy and a tenacious workforce, which is one of the reasons why so many investors search for commercial investment assets there. The Mother State features one of the lowest poverty rates in the United States and is the proud home of the Port of Virginia, connected to 30 international shipping lines that travel to over 200 countries in the world.
Over the past decade, Virginia’s population has seen a population growth of 7.8%, perched above the national average. Social and economic stability offers investors searching for triple net lease properties in the state a bounty of low-risk prospects guaranteed by some of the largest and most successful companies in America.
Triple net properties are structured in a way that delivers a wealth of advantages to real estate investors seeking residual income, in conjunction with the tenants occupying the space. Commercial tenants accept the bill for property insurances, taxes, maintenance, and repairs. This allows them the flexibility to achieve brand consistency in an environment tailored to their commercial identity. Meanwhile, landlords can kick back and grow equity in a steadily appreciating physical asset, liberated from unanticipated expenses and management responsibilities.
Lease durations vary, but the majority are suited to the mid to long-term ranging between ten and twenty years. Many leases come with renewal options and are built with regular rental increases through the complete term of the lease, buffering economic fluctuations.
Tenant and Industry Overviews
Convenience Stores
Convenience stores are considered one of the safest and most reliable long-term NNN property investments attainable. Our Partner 7-Eleven is the leading convenience store brand in the USA and a well-integrated company in the sales market for triple net leases.
The brand tends to choose sites in highly visible locations such as busy street corners, animated shopping centers, and intersections to deliver excellent accessibility to clients. Many 7-Eleven stores have expanded into the high-demand commercial sector of retail gasoline provision, which garners a secondary stream of business revenue. Additionally, they attract significantly more customers than convenience stores alone. Filling stations see average vehicle traffic of 25,000 per day.
A strong corporate backing delivers a low-risk and stable real estate investment as you embrace the advantages of an NNN lease property.
Banking
Banking is one of the five most powerful industries in Virginia. Supported by the state’s positive economic activity, the dependability of banking real estate should be at the height of triple net lease investors’ priorities when searching for a commercially viable option.
In Virginia, you could purchase single-tenant property leased by the Bank of America, the second-largest banking institution in the United States with over $2.35 trillion in consolidated assets. With a long-term lease and regular 5-year rental increases, many investors trust this low-risk and high-return investment vehicle to carry them to their financial goals.
If you’re considering a transition into triple net lease real estate, talk to the experienced and committed team at Buy NNN Properties to discover the abundance of NNN properties for sale in Virginia.
