Triple Net Lease Examples to Consider
Triple net leases, also called NNN leased properties, can potentially offer real estate investors several advantages over other types of lease structures, but they aren’t without their potential drawbacks, either.
What Are the Pros and Cons of a Double Net Lease (NN) Property?
Commercial leases typically fall into three categories: gross leases, modified gross leases, and net leases. Within the net lease category, there are single, double, triple, and absolute subcategories. Which is most advantageous for you depends on the type of business, the circumstances, and whether you are the landlord or the tenant. Knowledge is power, and understanding the differences between the leases can help you decide which is most suitable.
What Is A Modified Gross Lease?
A modified gross lease is a variety of commercial real estate lease. In this structure, the tenant pays base rent and a proportional share of some other property costs, including taxes, utilities, insurance, and maintenance. A modified gross lease sits between a gross lease, where the landlord pays for all operating expenses, and a net lease, which passes on property expenses to the tenant.
What Is A Triple Net (NNN) Lease, And What Does It Mean?
As a property owner and investor, executing a lease with a tenant might seem like a routine matter. However, many different types of lease structures are used throughout the commercial real estate industry. A landlord can choose among gross, modified gross, and several variations of a net lease to find the form that best meets their needs, depending on the property and the tenant.
What Are the Advantages of Investing in Triple Net Leases in California?
When it comes to the potential advantages of investing in a triple net lease in California, here’s something to consider: one of every eight people in the United States lives in the Golden State.¹
What Are the Advantages of Investing in Triple Net Leases in Florida?
Florida is well known for its warm weather, sun-soaked beaches, amusement parks, and the Kennedy Space Center, but it also can be a great place for business.