John Skinner, Author at John Skinner Properties

NEW Burger King — 20 Year Ground Lease

 John Skinner

burger king mississippi triple net investment, high yield

2413 N Hills St, Meridian, MS 39305

A great representative of the Triple Net form of investment. This investment delivers 4.25% yield over 20 years with no investor responsibility. In addition, there are increases every 5 years and options to extend beyond the original 20 years. If you want to assure a future income for your loved ones, this form of investment deserves a close look.

Advantages of Investing in a Triple Net Property

Rare, 20-year, NNN ground lease and Burger King’s “BKOT” prototype | Taller building, larger windows, drive-thru, in-restaurant self-order kiosks and outdoor digital menu boards
Significant capital contribution made by the tenant towards the build-out of the improvements | Offered well-below replacement cost
Fixed, 8% rental increases e...

Coronavirus and the Real Estate Market

 John Skinner

In general, I would say the Virus pandemic has driven the Real Estate market into a state of hibernation. Buyers still need to buy but were cautious about going out. Sellers still need to sell, but did not want to expose their homes or families to exposure to the virus by allowing outsiders to come through their homes.

I watch the residential market in my area every morning. During the Covid months (March April, May), new listings in the Watsonville area had pretty much dried up. We would get one or two new listings in a week. In general the count of listings which had come on the market in the past 7 days stood at 3 -5.

This morning that number is 17.

My take on this change is that people are relaxing their defenses...