Found 1 blog entry tagged as SINGLE VS. DOUBLE VS. TRIPLE NET LEASES.

What's the Difference Between Single, Double, and Triple Net Leases?

An Overview of Single, Double, and Triple Net Leases

A triple net lease (NNN) is a type of commercial lease that helps landlords decrease risk. A triple net lease is one of three forms of net leases, which are real estate leases in which the tenant is responsible for one or more additional costs. Net leases are commonly employed in commercial real estate and typically include property taxes, property insurance premiums, and maintenance expenditures. Single net leases and double net leases are the other types of net leases besides triple net leases.

In a single net lease, the tenant is only responsible for paying property taxes in addition to the rent. The renter pays rent…

734 Views, 0 Comments

Read Full Post