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What is a 'Gross Lease'. A gross lease is a type of commercial lease where the landlord pays for the building's property taxes, insurance and maintenance. A gross lease can be modified to meet the needs of a particular building's tenants. For example, a gross lease may require the tenant to pay the utility bills. Next Up.
GROSS LEASE. This is a lease where the tenant pays one singe charge to the owner. All utilities, building maintenance, and operating costs are paid by the owner. NNN LEASE or TRIPLE NET LEASE. A NNN Lease is a Lease where the tenant pays their pro-rata share of real property taxes, insurance and operating expenses.ll utilities, building maintenance, and operating costs are paid by the owner. NNN LEASE or TRIPLE NET LEASE. A NNN Lease is a Lease where the tenant pays their pro-rata share of real property taxes, insurance and operating expenses.