What is a Net Charge (NNN)?
[{"id": "daq4ann", "text": "Just learned about this in my IREM\u00ae Investment Real Estate Financial Tools class. Quite informative.", "replies": [], "depth": 1}, {"id": "daqkenz", "text": "A Triple Net Charge is when the tenant is directly charged for all the buildings property taxes, building insurance and maintenance in addition to the base rent. The exact things that are included in that and how they are calculated and charged can vary, but that's the basics.\n\nThis is in contrast to a gross lease, where the landlord pays those expenses.", "replies": [], "depth": 1}]