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.
Look for solid tenants, good locations, and clear lease terms. It’s key to keep your eyes peeled and do your homework, so you’re not left holding the bag!
Absolutely! Just like haggling at a farmer's market, tenants can negotiate terms like maintenance responsibilities and rent increases to suit their needs.
These leases often have longer terms, usually between 5 to 15 years. Think of it as a long, enjoyable road trip rather than a quick jaunt!
You’ll often find NNN leases in retail spaces, office buildings, and even industrial properties. It’s a versatile option that fits like a glove!
They’re popular because they provide a steady income stream for landlords while tenants enjoy lower base rent. It’s a win-win situation that shakes hands all around!
A Triple Net Lease, or NNN lease, means the tenant pays not just rent, but also covers property taxes, insurance, and maintenance costs. It's like you're managing your own little kingdom!
Trusted and secure by over 3 million people of the world’s leading companies