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In a NNN lease the tenant (person leasing the property) is liable for the taxes, insurance, and CAM (Common Area Maintenance) expenses.

In a Gross Lease, the tenant pays a fixed amount of rent to the Landlord and has no other expenses to pay.

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โˆ™ 2012-06-26 17:10:13
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Q: What is difference between NNN lease and gross lease?
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Related questions

What is an NNN Lease?

NNN lease means triple net lease which is common in commercial leases. "Net Lease" is a term used to signify a lease structure in which the tenant or lessee is responsible for paying a portion all of the common expenses related to real estate ownership.


Where can one find more information about NNN Leases?

An NNN Lease is a net lease, structured as a turnkey investment property in which the tenant is responsible for paying the three major expenses associated with commercial real estate ownership. More information can be found on several different websites or within a real estate manuel.


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