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A triple net lease is a commercial lease for which the lessee essentially takes on all the cost of the property in addition to a monthly lease payment. The lessee is directly responsible for.
A triple net lease (triple-Net or NNN) is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property including real estate taxes, building.
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A triple net lease (or "nnn" lease) is a form of real-estate lease agreement where the tenant or lessee is responsible for the ongoing expenses of the property, including real estate taxes.
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A triple net lease-sometimes referred to as an NNN lease, a net-net-net lease, or an absolute net lease-is a commercial leasing term that refers to a situation in which the tenant pays virtually all the operating expenses associated with maintaining the property he’s renting.
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