admin | February 22, 2009
A lease arrangement used by many larger shopping centers is the percentage lease. This arrangement ties the rental payments to the success of the tenant’s business, and is often used with properties in which the property itself (and its location) promises to bring customers to the tenant. A portion of the tenant’s rental payment is [...]
Category: Lease |
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Tags: market, money, price, property, property owners, shopping, value
admin | February 22, 2009
Also called a net-net (NN or double-net) or net-net-net (NNN or triple-net) lease, the net lease is most commonly used for commercial and industrial properties. The key element with the net lease is that in addition to paying a base rent, the tenant must also pay a portion of the building’s operating expenses, which may [...]
Category: Lease |
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Tags: finance, insurance, Lease, money, Tax