Loan Officer

NNN (triple net leased) properties can include: multi-tenant retail, single-tenant retail, office buildings, self storage, industrial properties, manufacturing, warehouses, automotive facilities, restaurants, gas stations, and more.  A NNN loan has the following parameters

NNN Loan Overview

• Loan Amount $500 – $25,0000
• 10 – 30 Year Amortization (based on term of the lease and tenant strength)
• Up to 80% LTV, typically around 65% (based on term of the lease and tenant strength)
• 3,5,7,10 Year Fixed Rates
• Assumable at Lender Discretion
• Flexible Prepayment Options
• Recourse on non recourse options
• Minimal or No Replacement Reserves
• Low third parties costs