reia of detroit

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REIA of Detroit REIA of Detroit Gary Smith Gary Smith Marcus & Millichap Marcus & Millichap Triple Net Lease Triple Net Lease

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REIA of Detroit. Gary Smith Marcus & Millichap Triple Net Lease. PROCESS. CONTROL the Intersection NETWORK with Influencers IDENTIFY your Financing MARKET the Deal. RESOURCES. FEA CCIM NASSA ICSC NRF NRA. FEA Fed. Exchange Accom. www.1031.org Know the Code (IRS). - PowerPoint PPT Presentation

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Page 1: REIA of Detroit

REIA of DetroitREIA of Detroit

Gary SmithGary SmithMarcus & MillichapMarcus & MillichapTriple Net LeaseTriple Net Lease

Page 2: REIA of Detroit

PROCESSPROCESSCONTROL the IntersectionCONTROL the IntersectionNETWORK with InfluencersNETWORK with Influencers IDENTIFY your FinancingIDENTIFY your FinancingMARKET the DealMARKET the Deal

Page 3: REIA of Detroit

RESOURCESRESOURCESFEAFEACCIMCCIMNASSANASSA ICSCICSCNRFNRFNRANRA

Page 4: REIA of Detroit

FEA Fed. Exchange Accom.FEA Fed. Exchange Accom.www.1031.orgwww.1031.orgKnow the Code (IRS)Know the Code (IRS)

Page 5: REIA of Detroit

CCIM Cert Comm Invest MgrsCCIM Cert Comm Invest Mgrswww.ccim.comwww.ccim.comDeal BrokersDeal Brokers

Page 6: REIA of Detroit

NASSA North Amer Sec Admin AssnNASSA North Amer Sec Admin Assn

www.nasaa.orgwww.nasaa.org Investment regulatorsInvestment regulators

Page 7: REIA of Detroit

ICSC Intl Coun Shopping CtrICSC Intl Coun Shopping Ctrwww.icsc.orgwww.icsc.orgFollow the trendsFollow the trends

Page 8: REIA of Detroit

NRA Natl Restaurant AssnNRA Natl Restaurant Assnwww.restaurant.orgwww.restaurant.orgWhat’s hotWhat’s hot

Page 9: REIA of Detroit

NRF Natl Retail FederationNRF Natl Retail Federationwww.nfronline.comwww.nfronline.comWhat’s hotWhat’s hot

Page 10: REIA of Detroit

SAMPLESAMPLE

Page 11: REIA of Detroit

SAMPLE contSAMPLE cont

Page 12: REIA of Detroit

Triple Net Lease (NNN)Triple Net Lease (NNN)Who is responsible for what?Who is responsible for what?

Tenant:Tenant: Base rent Base rent Property taxesProperty taxes Property insuranceProperty insurance Pro-rata share of common area maintenance (CAM) which can include Pro-rata share of common area maintenance (CAM) which can include

common area landscaping, utilities, snow removal, repairs, etc. common area landscaping, utilities, snow removal, repairs, etc. Personal property and liability insurance which once in place must show the Personal property and liability insurance which once in place must show the

Landlord as additionally insuredLandlord as additionally insured Personal Property TaxesPersonal Property Taxes Janitorial services Janitorial services UtilitiesUtilities PhonePhone InternetInternet

Page 13: REIA of Detroit

CONTACTCONTACTGary SmithGary SmithRealtorRealtorMarcus & MillichapMarcus & Millichap248.415.2600248.415.2600Gary.smith@[email protected]