Triple Net, Net, Gross, Full Service? What do these lease terms mean?
Today I'll offer some references on the topic of Triple Net Leases.
A triple net lease in when the tenant pays all operating expenses such as real estate taxes, insurance premiums, and maintenance costs, in addition to the base rent. A gross lease is when all expenses associated with owning and operating the property are paid by the landlord. For a collection of articles and videos explaining just what a "Triple Net Leease" is, please click on the following:
In addition, what issues does an investor face and why should they understand the definition of a triple net lease and be clear in negotiations early in the game? Link here for more details: