© Commercial Brokers Association 2011. All rights reserved. CBA Form ST-NNN Single Tenant NNN Lease. Rev. 3/2011 Page 2 of 20.
In United States real estate business, "net lease" is a term used for an arrangement in which the tenant or lessee is responsible for paying, in addition to base rent, some or all of the expenses related to real-estate ownership.
CBA Form ST-NNN Single Tenant NNN Lease.
The price range for a Single Tenant NNN lease property is generally between $1 million - $10 million.
In a double net lease (Net-Net or NN) the lessee or tenant is responsible for property tax and building insurance.
Principal 312.310.2798 [email protected] OFFERING MEMORANDUM. Single Tenant NN Leased Investment
Triple net leases are often used for single-unit commercial properties, where the tenant pays for taxes, insurance and maintenance.
There are numerous forms of net leases. The most common of these is the Triple Net lease.
We are pleased to offer to qualified investors an opportunity to purchase a single tenant net lease
Unlike a single net lease, which only requires the tenant to pay property taxes, a double net lease passes more expenses along in the form of insurance payments. The landlord is still held responsible for structural maintenance expenses.