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  2. NNN lease - Wikipedia

    en.wikipedia.org/wiki/NNN_lease

    Another variation of the NNN lease is the NN lease, or "Net-Net" lease, which is pronounced "double net" where the "net" amounts generally are property tax and insurance. [1] Double net leases, like triple net leases, are usually, though not always, single-tenant arrangements. However, the landlord carries some extra financial maintenance ...

  3. Net lease - Wikipedia

    en.wikipedia.org/wiki/Net_lease

    A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).

  4. Who is Frisch's landlord? And why is it evicting so many ...

    www.aol.com/frischs-landlord-why-evicting-many...

    The name "NNN" refers to the real estate term "triple net lease" under which a commercial tenant is responsible for all its operating costs. This may include property taxes, building repairs ...

  5. Common area maintenance charges - Wikipedia

    en.wikipedia.org/wiki/Common_area_maintenance...

    Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property

  6. To top it off, Vici is a triple net lease REIT, which means its tenants are responsible for covering all of a property's real estate taxes, insurance costs, and maintenance fees. 3. Vici has ...

  7. Recoverable expense - Wikipedia

    en.wikipedia.org/wiki/Recoverable_expense

    In US leases, it is common to group together CAM, property tax and insurance, in which case it is known as a "net-net-net" lease, or NNN lease, pronounced "triple-net". Another complication involved in recoverable expense calculations occurs due to changes in occupancy.

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