Wednesday, October 18, 2023

What is a Triple Net (NNN) Lease in Commercial Real Estate

A Triple Net (NNN) Lease is a type of commercial real estate lease where the tenant on a monthly basis pays the base rent AND their pro rata share of the property’s operating expenses which include the taxes, insurance, and common area maintenance (CAM). If the property is multitenant then each tenant pays their equal …

What is a Triple Net (NNN) Lease in Commercial Real Estate Read More »

https://www.austintenantadvisors.com/blog/what-is-a-triple-net-nnn-lease-in-commercial-real-estate/ was first seen on Austin Tenant Advisors

source https://www.austintenantadvisors.com/blog/what-is-a-triple-net-nnn-lease-in-commercial-real-estate/

No comments:

Post a Comment

How to Rent Commercial Property – Step By Step Commercial Leasing Process for Small Businesses

Navigating the commercial leasing process involves a series of strategic decisions, starting with the pivotal choice between leasing and buy...