NNN charges (Triple Net charges) typically refer to a lease agreement where the tenant is responsible for property taxes, insurance, and maintenance costs in addition to the base rent. CAM charges (Common Area Maintenance charges) specifically pertain to costs associated with maintaining common areas in a commercial property, such as landscaping, janitorial services, and utilities for shared spaces. While NNN encompasses a broader range of expenses, CAM is a subset focused on shared property maintenance.
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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Its Chamber is part of bicameral federal legislature
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One can find NNN properties for sale at LoopNet. KPI Brokers, Inc., TM 1031 Exchange, and nnnEX allow a person to find NNN properties for sale as well.
NNN is a stock which is owned by National Retail Properties Inc., which is an investment trust. NNN is an example of the sort of single tenant retail properties that National Retail Properties Inc. invest in.
As of July 2014, the market cap for National Retail Properties (NNN) is $4,587,584,353.52.
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