What Is a Triple Net Lease?
If you’re looking at commercial property for your business, you’ve probably seen the term NNN lease or triple net lease. At first glance, the monthly rent might seem affordable, but there’s more to the total cost than the base rent. A triple net lease shifts several property expenses from the landlord to the tenant. This type of lease is common in retail stores, restaurants, medical offices, warehouses, and standalone commercial buildings. Understanding how it works can help business owners avoid unexpected costs and negotiate a lease with confidence. This guide…
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