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LoopNet Lease Listing Entry Form

LoopNet Lease Listing Entry Form

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welcome to building blocks today we'll be talking about triple net leases [Music] there are several types of commercial leases you might encounter if you're looking to rent space but one of the most common is the triple net lease knowing how a triple net lease is structured can help you navigate and budget for your next commercial space a net lease means the amount a tenant pays is net of or not including certain expenses so a tenant pays a base rent to their landlord and then in addition to that fee we'll also directly pay for their own building related expenses there are usually five specific operating expenses that you'll be expected to pay for that are not included in your base rent these are utilities cleaning fees property taxes insurance premiums and common area maintenance charges a triple net lease is different from a full service or a gross lease in those leases a tenant pays one fixed amount to the landlord that covers all related expenses triple net leases have both benefit

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