As part of our series on helping businesses understand the terms used in commercial real estate, we present the following article which talks about the types of commercial leases. Most commercial leases are triple net (NNN) meaning that the tenant pays base rent in addition to taxes, insurance and maintenance from use of the facility.
Terms: Commercial Leases
- Written by The Exec.
- Posted on February 17, 2010.
- Filed under Terms.
- Tagged as commercial leases, commercial terms, glossary.
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