Commercial Real Estate Blog

Articles About Commercial Real Estate Leasing Law

All The Nets

All The Nets

What is a Net? A “net ” is an expense that is a cost incurred by owning a property.  There are usually 3 main costs, which are: property insurance, real estate taxes, and operating expenses (or common area maintenance expenses). What kind of commercial...

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NNN Lease

NNN Lease

The three “nets ” or payments (besides rent) for a commercial real estate lease are: taxes, insurance, and common area maintenance/operating expenses.  A lease agreement with base rent, plus the net payments, is referred to as a triple net, or NNN, lease. Is...

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