It took valuable TIME to grow your self-storage roots. A Triple Net lease supports your growth towards financial freedom and flexibility.
Storage Recess and Extra Space Storage are offering an industry first Triple Net Lease (NNN) to storage owners.
How does a triple net lease program work?
We’ll explain it in more detail here, but the jest of it is this: We lease your self-storage facility from you for 10-30 years and you get guaranteed monthly lease payments, with annual escalators.
No matter what happens with the economy you get a fixed payment every month, guaranteed by one of the largest REITs in the business.
It is well known that once you own a storage facility, you really don’t want to sell it because it is next to impossible to find a better investment that can produce such great passive income.
The NNN program allows you to maintain ownership of your facility, while not having to deal with the day to day challenges of running the business.
Chat over coffee
There’s a lot to read through and understand about Triple Net leases. I’d love to sit down and have a cup of virtual coffee with you to discuss everything in detail.