triple net lease

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triple net lease

n. a lease in which the lessee's (tenant's) rent includes a share of real property taxes, insurance and maintenance as well as the basic rent. A "triple-net-lease" is standard in leases of commercial property in shopping centers and malls. (See: rent, lease)

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These restaurants are occupied under individual triple-net leases with a weighted average remaining term of 21 years and annual rent escalators of 2.
Properties with triple-net leases can be quite attractive to real estate investors, but they aren't as straightforward as they might seem.
The 15-year, triple-net lease with 12 percent rent increases every five years and two five-year options to renew is now guaranteed by Advocate Health and Hospitals Corp.
The portfolio is triple-net leased to a wholly-owned subsidiary of Marriott International, Inc.
Best Buy has a long-term triple-net lease on the approximately 45,231-square-foot building, which is located on a 4.
Enters into Triple-Net Agreements for 15 Years with Global Partners and Lehigh Gas -
The two net-leased properties are occupied under individual triple-net leases with new 20-year terms, negotiated by FCPT prior to closing.
With full occupancy and long-term, triple-net leases in place with prominent tenants at all six buildings, these properties will be very attractive to investors," said Britvan.
62 psf triple-net for standard industrial space, and cites R&D-flex space at $7.
Inland Real Estate Acquisitions has negotiated the closing of two SunTrust portfolios that total 433 triple-net lease properties with over 2.
This property in Lakeland, Florida is occupied under a triple-net lease with about 15 years of term remaining, the company said and added that the sale was due to an unsolicited offer at a cash cap rate of 5.
The theater opened on November 22, 2006 and is leased under a long-term triple-net lease.