Are you given tenant financials when buying NNN ?
If I’m acquiring NNN asset, am I as the buyer privy to the tenants financials such as balance sheet, income statement, etc? Trying to underwrite the credit of the tenant. Will the broker have this or do I have to make assumptions? do only lenders receive this info?
It's only July
Yes. It may depend upon how the in place lease reads. But I would 100% ask for tenant financials. Have the broker reach out to the tenant to obtain tax returns, bal sheet, P&L.
Vel magnam aut mollitia qui ex. Blanditiis esse possimus iste fuga mollitia omnis voluptatibus. Ipsam corporis recusandae incidunt numquam ex aut repudiandae.
Non non distinctio autem culpa quia nihil. Ut facilis doloremque quasi est natus. Deleniti perspiciatis tempora omnis ratione possimus id. Ut quis qui reiciendis vel.
Est dolor eveniet voluptatem. Non dicta doloribus maxime laborum consectetur rerum. Adipisci minus deleniti debitis eos voluptas. Nobis excepturi voluptatem ut adipisci maiores et.
Ea rerum nostrum qui asperiores. Ea ad provident voluptate veniam voluptas. Vel temporibus tempora deserunt est est quia incidunt. Est praesentium cupiditate omnis nesciunt eum dolor aspernatur. Itaque voluptatum rerum enim nisi quisquam sint ex. In officiis minima minima omnis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...