Understanding Triple Net (NNN) Leases
Everything you need to know about NNN leases, simplified.
What is a Triple Net (NNN) Lease?
A Triple Net (NNN) lease is a commercial lease where the tenant pays for three additional expenses on top of their base rent: property taxes, insurance, and common area maintenance (CAM).
Property Taxes
Your share of the property taxes based on the percentage of space you occupy in the building.
Insurance
Building insurance costs to protect the property structure and common areas.
CAM (Common Area Maintenance)
Maintenance of shared spaces like parking lots, landscaping, and building common areas.
Simple Formula
Problems with Traditional NNN Leases
Hidden Fees
Unexpected charges that appear in reconciliation statements.
Complicated Billing
Complex statements that are difficult to understand and verify.
Surprise Reconciliations
Large unexpected bills at year-end reconciliation time.
No Transparency
Limited visibility into how charges are calculated and allocated.
The Result?
Tenants often face budget surprises, unclear charges, and frustrating reconciliation processes that can strain cash flow and create uncertainty in business planning.
Why Our NNN Leases Are Better
We've simplified the NNN lease process to eliminate surprises and provide complete transparency.
Traditional vs. Rent Small Spaces
Traditional NNN Leases
- Annual reconciliation with large surprise bills
- Complex, hard-to-understand statements
- Hidden fees and unexpected charges
- Limited transparency in billing
- Difficult to budget and plan
Lease Small Spaces NNN
- Quarterly reconciliation for smaller, manageable adjustments
- Clear, easy-to-understand billing statements
- No hidden fees - complete transparency
- Full visibility into all charges and calculations
- Predictable costs for better business planning
Quarterly Reconciliation
Smaller, more manageable adjustments every quarter instead of large annual surprises.
Complete Transparency
See exactly how every charge is calculated with detailed, clear documentation.
No Hidden Fees
What you see is what you pay - no surprise charges or unexpected fees.
Frequently Asked Questions
Ready to Experience Transparent NNN Leasing?
Get answers to your questions and learn how our simplified approach can benefit your business.