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Triple Net (NNN)?, CAMs? & Gross Leases

Triple Net (NNN)?, CAMs? & Gross Leases

What does a Gross Lease entail, what are exactly are Triple Nets (NNN), and what about CAM charges in Commercial leasing? Let’s start with a Gross Lease. Gross Lease means a lease that has no additionally itemized charges for the operating expenses of the commercial property. ┬áThis lease offers a simple and predictable periodic lease payment for a lessee (tenant). Gross leases are common in Industrial properties and other properties that have less maintenance and operating … Read entire article »

Filed under: Commercial Leasing