Triple Net Properties (NNNs)

COMMERCIAL TICs | TRIPLE NETS | APARTMENTS


A Triple Net Lease is a lease in which the lessee's (tenant's) rent includes a share of real property taxes, insurance and maintenance as well as the basic rent. A "triple-net-lease" is standard in leases of commercial property in shopping centers and malls. These are investment grade properties leased to national credit tenants. There are no management responsibilities involved.