Triple Net Lease Explained

The three general categories of commercial leases are gross, modified gross, and triple net (or NNN)

Triple Net Lease Property Example

What Is A Triple Net Leased Property? In commercial real estate no two leases are the same. The three general categories of commercial leases are gross, modified gross, and triple net (or NNN). But within these three categories leases can and do vary from one to another. Sometimes the terms and conditions of a lease are adapted to fit the…

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