When the 'Clean NNN Deal' Has More SNDAs Than Tenants
- ricklahkar
- Jul 13
- 1 min read
Broker: It's a clean NNN deal, no hair Lender: Cool, send updated estoppels, SNDA, ALTA, and proof the parking lot isn't on Mars Appraiser: Closest comp is a drive-thru pet crematorium 18 miles away but 'market is market' 𤔠Client: If we start diligence today can we still close Friday? Excel: DSCR 1.30 until one cell sneezesānow it's #DIV/0! šš§®
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