In the commercial real estate market, triple net leases are easily some of the most popular. These leases, given almost exclusively to AAA credit companies, allow commercial property owners the ability to profit on a property with little to no costs for periods as long as 30 years or more. The lessee is responsible for property maintenance, upgrades, and more, and the lessor simply needs to collect the checks.
NNN leases are almost exclusively given to companies that have a high credit rating, often public companies. But even a high credit rating doesn’t negate the risk for default, and in rare cases it’s still possible for a lessee to default on their lease. When they do, you can recover some of your losses through asset liquidation at RL Liquidators.
Covering the Unexpected
RL Liquidators is one of the few companies offering single net, double net, and even triple net lease asset liquidation. We help both tenants and property owners liquidate their assets to help cover the costs of expenses and get the most value from their property. RL Liquidators provides NNN lease liquidation for not only the Greater Sacramento area, but also most of California and hundreds of miles East of our home base.
We make it our goal to ensure that the bankruptcy liquidation process is as simple as possible, offering services such as:
- Pickup and Transport – We can send a truck to commercial property, pick up the items you want liquidated, and bring them back to our home base, all without you lifting a finger.
- Advertising and Marketing – We can make sure that the items up for sale are well advertised, so that you are able to attract the most buyers.
- Running the Liquidation – We’ll run the entire auction process, and make sure that you get the most value out of the liquidated items.
We know that when a NNN lessee goes bankrupt, it is almost entirely unexpected. NNN leases are supposed to be “safe” leases, and so often there isn’t a backup plan for when a tenant isn’t able to pay their rent. That’s why we ensure that our NNN lease bankruptcy liquidations are prompt, efficient, and get you the most value for the leftover assets.
Contact RL Liquidators today at (916) 747-7762 to find out more about our NNN lease liquidation services, and other bankruptcy liquidation options, and let us show you why we’re the number one choice in commercial liquidation.