Triple Net Leases Explained (NNN Lease Guide for Commercial Real Estate)
If you’ve ever looked at a commercial lease and seen “NNN” or “triple net”, you’re not alone in wondering what it actually means—and more importantly, how it impacts what you pay.
In this episode of Commercial Real Estate Secrets, Aviva Sonenreich, commercial real estate broker based in Denver, Colorado, breaks down triple net leases (NNN leases) in a simple, practical way so you can understand how rent and expenses are actually calculated in commercial real estate.
Key Topics Discussed:
- What a triple net lease (NNN lease) actually means in commercial real estate
- The difference between gross leases vs net leases
- What the three “nets” are: property taxes, insurance, and CAM expenses
- Why landlords shifted to triple net leases (rising taxes, insurance, and operating costs)
- How to calculate your total rent + NNN expenses step-by-step
Save This Episode
If you’re leasing or buying commercial real estate, save this episode so you can quickly reference:
How to calculate rent + triple net expenses before signing a deal.
Because in commercial real estate, the number you see is almost never the number you actually pay.
