Types of net leases In a double net lease (Net-Net or NN) the lessee or tenant is responsible for any expenses incurred for structural repairs and common area maintenance. "Roof and structure" is sometimes calculated as a reserve, the most common amount is equal to $ .15 per square foot. Double net leases are rarely used in the industry. Bondable lease Use of a triple net lease or a "hell-or-high-water lease") is the most extreme variation of a triple net lease may be a prerequisite for credit tenant lease financing, and may permit a lender to lend to the landlord on nonrecourse terms. There are standard names in the commercial real estate industry for different sets of costs passed on to the tenant in a net lease. Economics Single net lease Double net lease Typically, triple net leases (NNN).

commercial real estate lease

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