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Triple Net Lease Pros and Cons Minimal Landlord Responsibilities.Long-Term Occupancy.Reliable Passive Income.Leases are Transferable.Protection from Expense Increases.Limited Upside Potential.Turnover Risks.
In a triple net lease, op/ex consists of three main elements: property taxes, insurance and common area maintenance (CAM) fees. In a triple net lease, your annual rental obligation, called gross rent, will be your base rental rate plus operating expenses.
Calculating a Triple Net Lease Triple net leases are calculated by adding the yearly taxes on the property and the insurance for the space together and dividing that amount by the building total rental square footage.
The most obvious benefit of using a triple net lease for a tenant is a lower price point for the base lease. Since the tenant is absorbing at least some of the taxes, insurance, and maintenance expenses, a triple net lease features a lower monthly rent than a gross lease agreement.
The most obvious benefit of using a triple net lease for a tenant is a lower price point for the base lease. Since the tenant is absorbing at least some of the taxes, insurance, and maintenance expenses, a triple net lease features a lower monthly rent than a gross lease agreement.
A triple net lease (triple-net or NNN) is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property, including real estate taxes, building insurance, and maintenance. These expenses are in addition to the cost of rent and utilities.
In a Triple Net lease, the tenant pays a base rent plus all or part of the three netsproperty taxes, insurance, and common area expenses (CAMS). Common area utilities and operating expenses are usually lumped in as well (ie the cost of security or a front desk attendant).
In a single net lease, the tenant pays a lower base rent in addition to property taxes. Double net leases include property taxes and insurance premiums, in addition to the base rent. A triple net lease includes property taxes, insurance, and maintenance costs, in addition to the base rent.
El termino de origen estadounidense refiere a una estructura de arrendamiento llamada Triple Net ''Net, Net, Net'', la cual es comun para un acuerdo de arrendamiento en hoteles, en ella el arrendatario se hace cargo del pago de seguros, impuestos y el mantenimiento de instalaciones y areas comunes.
Triple Net Property o Propiedad NNN, como tambien se le conoce, es un tipo de propiedad comercial en los Estados Unidos que es muy popular entre los inversionistas que desean recibir ingresos pasivos por alquiler.