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Triple Net (NNN):
A lease in which the tenant is responsible for
all expenses associated with their proportional
share of occupancy of the building
Core:
Occupancy is greater than or equal to 90%
at time of sale
Value-Add:
Occupancy is greater than or equal to 60%
and less than 90% at time of sale
Opportunistic:
Occupancy is less than 60% at time of sale
A lease in which the tenant is responsible for
all expenses associated with their proportional
share of occupancy of the building
Core:
Occupancy is greater than or equal to 90%
at time of sale
Value-Add:
Occupancy is greater than or equal to 60%
and less than 90% at time of sale
Opportunistic:
Occupancy is less than 60% at time of sale
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1/23
- 4 Star | Built in 2021
- 2,140 - 4,378 SF
- Newly constructed shopping center with 1,000-SF of frontage on Loop 1604 and available tenant improvement allowances at the heart of an affluent community.
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