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If you own commercial real estate, a Triple Net Lease is a way to make sure your tenants cover all the expenses associated with owning and operating the property.
Are you looking for detailed information about the NNN lease (also called the triple net lease)? You've come to the right place.
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Landlords negotiate several types of leases on commercial property. The three most common are gross, percentage and triple net leases. The triple net lease is at the opposite extreme of the gross lease. While landlords may consider the triple net as the most advantageous of the three leases, it can.
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Commercial Triple Net Lease 2010 Page 2 of 9 Should Tenant comply with all of the covenants and conditions of this Lease, the Security Deposit
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The triple net lease in commercial real estate is used extensively in industrial and retail multi-tenant properties.
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