CommercialCo resources

What is an NNN lease?

A triple-net, or NNN, lease generally separates base rent from charges for property taxes, property insurance and maintenance. Understand the full occupancy picture before comparing spaces.

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Start with the full cost

Ask for the base rent, current estimated NNN charges and the period each figure covers. Utilities, maintenance responsibilities and other charges may also affect your budget.

Read the responsibility lines

How are expenses allocated? What is included in common-area maintenance? Who handles the roof, structure and major systems? The actual lease language defines the arrangement.

Ask how expenses change

Request available expense history, reconciliation information and the process for future adjustments. Compare spaces using the same assumptions and a realistic operating budget.

Bring your business requirements

Location, access, parking, permitted use, build-out and timing matter alongside rent. Tell us how your business needs to operate so we can help you evaluate the options.

Look beyond base rent.

Bring your questions and your goals. We’ll start there.

Talk with our team