A triple net lease, often abbreviated as NNN lease, is a type of commercial real estate lease agreement where the tenant takes on significant responsibilities beyond just paying rent. In a triple net ...
A triple net lease is a type of lease used in commercial real estate that provides tenants with a low base rent but requires them to pay their share of the property’s operating expenses, insurance & ...
Commercial lease agreements for office, retail and industrial tenants are commonly structured differently with respect to how expenses are handled and collected between the landlord and the tenant.
Learn how a double net lease shifts property tax and insurance costs to tenants, and compare it with triple net leases for ...