[EMS Discuss] 1121 Fairfield at the Gilbert shopping center

James Hukill EMAIL HIDDEN
Wed Sep 11 14:02:22 PDT 2013


Third this.

--James


On Wed, Sep 11, 2013 at 1:59 PM, Rick Osgood <EMAIL HIDDEN>wrote:

> I personally feel the same way.  Triple Net: The Killer of Deals.
>
>
> On Wed, Sep 11, 2013 at 12:48 PM, <EMAIL HIDDEN> wrote:
>
>>
>> Triple net sounds like an automatic deal killer to me.
>>
>> > http://en.wikipedia.org/wiki/NNN_Lease
>> >
>> > On Tue, Sep 10, 2013 at 1:28 PM,  <EMAIL HIDDEN> wrote:
>> >>
>> >> I was just about to ask what "triple net" means.  I would definitely
>> like to know more about what the limits are on
>> >> that.  I mean, if during out tenancy a water line ruptures over the
>> weekend....  What then?  Sounds like we might
>> >> need
>> >> to have our own insurance, too.
>> >>
>> >>> Yes probably, but they estimate the total NNN cost to be only an
>> >>> additional 4c / sqft. If all we have to do is climb up on the roof and
>> >>> spread black jack around once in a while it might not be that bad. ;-)
>> >>>
>> >>>      Clif
>> >>>
>> >>> Rick Osgood wrote:
>> >>>> That space sounds pretty awesome, and the price and size are
>> fantastic.  I
>> >>>> do worry about any spaces marked "triple net" though.  Doesn't that
>> >>>> generally mean that we are responsible for the space as if we own
>> it, only
>> >>>> we don't actually own it?  Like it's our responsibility to make
>> repairs,
>> >>>> keep the place maintained, etc.  We can't really call the owner for
>> any
>> >>>> problems.
>> >>>>
>> >>>>
>> >>>> On Tue, Sep 10, 2013 at 11:55 AM, Mr. Clif<EMAIL HIDDEN>
>>  wrote:
>> >>>>
>> >>>>> Hi Gang,
>> >>>>>
>> >>>>> Just popped out this morning to check the outside of this space some
>> >>>>> pictures are here:
>> >>>>>
>> >>>>>
>> http://www.eugeneweb.com/**gallery2/v/clif/Geeky/EMS/**1121_Fairfield/<
>> http://www.eugeneweb.com/gallery2/v/clif/Geeky/EMS/1121_Fairfield/>
>> >>>>>
>> >>>>> Bullet points:
>> >>>>>
>> >>>>> # $1250 / 5000ft² 25c / sqft Mostly office space at the Gilbert
>> shopping
>> >>>>> center (1121 Fairfield)
>> >>>>> # 20 foot ceilings, 10 foot roll up door 2 entries with electronic
>> door
>> >>>>> locks! Tons of parking, triple net.
>> >>>>> # Only 12 minuets from downtown, and close to Jerry's. More office
>> space
>> >>>>> than we could possibly sublet out.
>> >>>>> # Next door to Lane Educational School District (ESD) offices,
>> might be a
>> >>>>> way to get on their radar and some support?
>> >>>>>
>> >>>>> This is now the CHEAPEST place in Eugene on our list. I think a
>> part of
>> >>>>> this space could be used as a shop especially if the carpet is old
>> and
>> >>>>> ratty. ;-)
>> >>>>>
>> >>>>>      Comments?
>> >>>>>      Clif
>> >>>>> ______________________________**_________________
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>> >>>>>
>> >>>
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>> >>
>> >>
>> >>
>> >>
>> >>
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>> >
>> >
>> > --
>> > Bob Miller                              K<bob>
>> >                                         EMAIL HIDDEN
>> >
>> >
>>
>>
>>
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