Types of net leases Single net lease Economics 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. This form is frequently used for freestanding buildings, such as outparcel developments or single-tenant "big box" sites. Double net lease The net lease requires the tenant to pay, in addition to the fixed rent, some or all of the property expenses which normally would be paid by the tenant are usually specified in a written lease. For properties that are leased by more than one tenant, such as a shopping center, the expenses that are to be paid.

selling commercial real estate

selling commercial real estate

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selling commercial real estate

Commercial Property Appraisal - Information for Sellers of Commercial Property
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