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Pat Parker, Other/Just Looking in 01118

what is triple net on a lease of retail property?

Asked by Pat Parker, 01118 Mon Feb 1, 2010

Help the community by answering this question:


It's actually a rental/lease agreement which requires the tenant to pay all operating costs of the building.
0 votes Thank Flag Link Mon Feb 1, 2010
It means the tenant pays all expenses associated with the property, including taxes, insurance and maintainance.

Call or email if you have additional questions.

Jorge Muralles
0 votes Thank Flag Link Mon Feb 1, 2010
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