What is a Triple Internet Lease (NNN)? Trademarks vs. Copyrights - How to Establish a Trust - How to Create a Will - What Is a Durable Power of Attorney - Arizona LLC - California LLC - Florida LLC - Michigan LLC - New Jersey LLC - New York City LLC - North Carolina LLC - Ohio LLC - Pennsylvania LLC - Texas LLC - Contact Us - AI Doc Assist - Business Name Generator - Electronic Signature - Free Trademark Search - Legal Glossary - Legal Templates Real Estate 1. Business Real Estate What Is a Triple Net Lease (NNN)? Have legal concerns about property? Excellent Connor Beaulieu Allison DeSantis, J.D. Contents Throughout the history of modern investment, few possessions have actually carried out as regularly as business realty. Today, that performance continues to impress, and these kinds of investments are the cornerstone of a few of the largest portfolios on the planet. When selecting to invest in commercial real estate, however, one type of lease contract stands out: the triple net lease. This lease structure permits property managers to gather stable, dependable returns while lessening involvement in the everyday maintenance of a residential or commercial property, indicating it's the very best of both worlds for busy investors and those seeking more passive income streams. Quick truths about triple net leases Tenants cover residential or commercial property costs. This consists of most things, from residential or commercial property taxes to operating costs. They're long-term leases. NNN leases normally last longer than other types of commercial leases. Landlord income is more consistent. Because the tenant pays for residential or commercial property costs, the proprietor's monthly payments fluctuate less. Base lease is lower.