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The Commercial Real Estate Hour On KHTS: Investing In Triple Net Properties

On the latest “Commercial Real Estate Hour” hosted by Jesus Henao of Leola Commercial, Inc., the conversation centered around triple net properties and what makes them an ideal investment.


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Where a homeowner who rents out their house to a tenant would be responsible for management of the property and yearly property taxes, the owner of a triple net property leases it to a business that handles everything from running the business to managing the space.

“In a triple net scenario, (the leasing business) pays for the property taxes, they pay for the property insurance and they pay for the common area maintenance,” Henao explained. “You as the landlord own the building, and Starbucks every month sends (you) a check for rent, and (you) don’t have to do anything to the property.”

Related: The Commercial Real Estate Hour On KHTS: Why Invest In Commercial Real Estate?

Henao described triple net property ownership as a “passive” investment, as opposed to management-intensive properties, such as an apartment building.

Many of Henao’s triple net property investors were former apartment building owners who needed a change from the demands of managing their investment on a daily basis.

“There’s owners that have owned these product types for many years and they want to retire, they want to rest, but they like investment properties,” Henao said. “So the person sells the building … and they say, ‘Okay, I don’t want to pay taxes on this. I want to buy something that’s not management intensive.”

In this case, Henao would point them in the direction of a triple net property where the person can own, say, a Starbucks location, but they don’t have to run the business or even manage the property.

“We look for that Starbucks, we look for the Wendy’s, we look for the El Pollo Loco,” Henao said. “And since the owner has pulled out a lot of cash from the (apartment building) sale, they can either buy it all cash or they get a loan on it.”

“It’s sort of passive investment,” Henao concluded, “and that’s the best type of investment.”

Ed. Note: This article is a KHTS Community Spotlight based on the latest “The Commercial Real Estate Hour” with Leola Commercial, Inc.

Leola Commercial, Inc.

26575 Ruether Ave 2nd Floor

Santa Clarita, CA 91350

(818) 570-3301

Leola Commercial, Inc. is a boutique Santa Clarita commercial real estate firm that specializes in the sale of multi-family apartments, land for development, retail real estate, senior housing, tax credit properties, industrial, NNN and office. Headed by Jesus Henao, the Santa Clarita real estate firm prides itself on maintaining “old world” customer service principles and personalized representation. Henao is also the host of “The Commercial Real Estate Hour” on KHTS Mondays at noon.

Leola Commercial, Inc. – Santa Clarita

https://www.youtube.com/watch?v=bPPNwM2UzTc

Leola Commercial Inc., Commercial Real Estate, Multi-Family Apartments, Santa Clarita Commercial Real Estate, Land for Development, NNN, Retail Real Estate, Santa Clarita Real Estate

KHTS FM 98.1 & AM 1220 - Santa Clarita News - Santa Clarita Radio

The Commercial Real Estate Hour On KHTS: Investing In Triple Net Properties

One comment

  1. Such a helpful and Informative post. This is a good step in Real Estate Business.

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KHTS FM 98.1 & AM 1220 focuses on Santa Clarita news, traffic, weather, sports, and also plays music. Bringing you SCV breaking news first and keeping you up to date with Santa Clarita events.