Commercial Net Leases

Unlike a gross lease, in a commercial net lease, the tenants are responsible for paying for some of the operating costs of the building. The most common operating costs include:

  • Property Taxes - Tenants must pay their portion of property taxes, usually based on how much of the rentable space (or of the entire property) they are leasing.
  • Insurance - Similarly, liability, property and casualty insurance will be allocated amongst the tenants and landlord.
  • Maintenance - Maintenance costs will usually be negotiated heavily, with landlords wanting to "pass through" all costs to the tenants, while tenants want to get as many "exclusions" as possible.

When all three of these expenses are included in a net lease, it is referred to as a "triple net lease". Negotiating the terms of these leases is tricky, and you'll want to know all of your options to help minimize your liability for expenses.

Get Professional Help
Talk to a Business Law attorney.
There was a problem with the submission. Please refresh the page and try again
Full Name is required
Email is required
Please enter a valid Email
Phone Number is required
Please enter a valid Phone Number
Zip Code is required
Please add a valid Zip Code
Please enter a valid Case Description
Description is required

How It Works

  1. Briefly tell us about your case
  2. Provide your contact information
  3. Choose attorneys to contact you