Tag: double-net

Understanding The Tenant’s Perspective In Choosing NNN Vs. NN Leases

GlobeSt.com

There are a few ways to consider the difference between triple-net (NNN) and double-net (NN) leases, and why a tenant might choose one over the other.  Let’s start by defining a NNN lease – a lease in which the tenant agrees to be responsible for paying rent in addition to all of the operating expenses, including taxes, insurance, repairs and utilities.  When any one of these items is covered by the landlord, the roof for example, it becomes a NN lease. 

In a NNN lease, the tenant has control over all of the expenses.  If a tenant is a large …

Traci BidingerUnderstanding The Tenant’s Perspective In Choosing NNN Vs. NN Leases