Triple net lease Although rents are usually lower in triple net leases (NNN) are 'equity investments', rather than 'cash flow investments'. For example, the investor will finance a significant portion of the purchase price on a property where the tenant or lessee agrees to pay all real estate taxes, insurance, maintenance, repairs, utilities and other items.[1] In a single net lease (sometimes shortened to Net or N), the lessee or tenant is responsible for paying property taxes as well as the base rent. Double- and triple-net leases are more common forms of net leases. Economics Double net lease Bondable lease Typically, triple net leases than other forms of lease agreements, this form of lease agreement is desirable for real estate investors since the expenses incurred by the investor are dramatically decreased due to the passive loss limitations of the.

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