Top 5 NNN Investment Opportunities in Los Angeles
Discover the top five NNN properties for sale in Los Angeles, offering investors hassle-free income with tenants covering taxes, insurance, and maintenance. From convenience stores to auto care and gas stations, these opportunities promise steady returns, strategic locations, and minimal management. Ideal for passive investors seeking reliable, long-term assets, these properties stand out in LA's thriving market. Take advantage of these high-demand investments to ensure consistent profit with ease.
In Triple Net (NNN) property investments, tenants cover property taxes, maintenance, and insurance, reducing the landlord's responsibilities. These properties typically offer lower rental prices, attracting investors seeking steady income with minimal management. Here are five prime NNN properties currently available in Los Angeles that present excellent investment prospects.
Convenience Store
Location: Baton Rouge, LA
Price: $2,995,401
Size: 4,509 SF
Renewal Terms: 4 x 5 years
Lease Expiry: January 20, 2040
This established convenience store benefits from high visibility and foot traffic, making it a solid investment. Its central location and a history of profitability make it an attractive option for investors seeking reliable returns.
Auto Care Centers: Jiffy Lube & Precision Tune
Location: Alexandria, LA
Price: $1,285,714
Size: 5,000 SF
Lease Duration: Varies
Lease Type: NNN
Annual Rent Increase: Varies
These auto care facilities feature over 30,000 vehicles daily, ensuring high visibility and consistent customer flow. Supported by nearby shopping centers, they are excellent passive income sources with minimal landlord responsibilities.
Exxon Service Station
Location: Bernice, LA
Price: $1,794,966
Size: 2,644 SF
Renewal Options: 4 x 5 years
Lease Expiry: January 31, 2039
Lease Type: Absolute NNN
Annual Rent Increase: 2%
This Exxon station demonstrates steady performance, with one example being the 39,000 gallons of diesel sold in February. Future plans include adding a Truck Stop, enhancing revenue potential for passive investors.
Convenience Store in Orleans
Location: Orleans, LA
Price: $2,089,815
Size: 676 SF
Renewal Terms: 4 x 5 years
Lease Expiry: January 20, 2040
Lease Type: Absolute NNN
Rental Increase: 2% annually
This convenient store operates over 40 locations, ensuring stable income. Strategically positioned in a busy commercial district, it benefits from high traffic and proximity to major fast-food brands, promising consistent profits.
Jiffy Lube in Natchitoches
Location: Natchitoches, LA
Price: $711,914
Size: 1,600 SF
Lease Expiration: February 28, 2027
Lease Type: NNN
Rental Increase: 12.5% on March 1, 2022
Supported by Shell Oil Company with a corporate guarantee, this Jiffy Lube enjoys steady traffic. Located near popular activities, it offers a reliable and profitable investment opportunity for passive income seekers.
Investing in NNN properties in LA offers options with minimal landlord responsibilities and stable cash flows. Explore these top opportunities to secure hassle-free profits today.
