A triple net lease is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "Nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.
You bet! Just like any contract, there’s always room to negotiate. It’s key to chat openly about what you want and find a middle ground that suits both you and the landlord.
Most Triple Net Leases have terms ranging from 5 to 20 years, but it can vary. It’s all about what both parties can agree on, like making a handshake deal that sticks!
One downside is that unexpected expenses can hit hard, like surprise repairs or rising taxes. It’s wise to budget for those rainy days to avoid any stressful surprises!
Absolutely! For tenants willing to take on those extra costs, it can mean lower base rent and more control over the property. Just be sure to read the fine print!
You’ll often find Triple Net Leases in commercial real estate, like retail spaces, restaurants, and office buildings here in Mesa. It’s a common way to keep things tidy and organized!
A Triple Net Lease means the tenant pays for three main expenses on top of the rent: property taxes, insurance, and maintenance costs. It's like sharing the load, so the landlord gets a steady income without the headaches!
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