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A Triple Net (NNN) lease is a popular type of commercial real estate lease agreement where the tenant is responsible for paying the base rental amount each month to the landlord. In addition to the base rent, the tenant also reimburses the landlord monthly for their pro-rata share of certain estimated…
Over three decades of commercial real estate leasing experience in warehouse and office markets, we’ve encountered numerous lease arrangements and responsibilities. This article aims to provide a comprehensive overview of the most common lease types…
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