What Does ‘NNN Lease / Triple Net Lease’ Mean?

CARR, a national healthcare commercial real estate firm, is the author and original publisher of this blog. It is re-published here with permission. Commercial Real Estate There are many forms of commercial real estate leases, due to the fact that there is not a universal lease template or standard form at a state or national level.  Unless you are dealing with the same landlord on the same property, the odds of seeing a lease agreement that is even relatively similar to a prior lease agreement is very rare. Even the length of a lease varies widely; and shorter is not [...]