{"id":50183,"date":"2026-06-14T21:45:32","date_gmt":"2026-06-14T18:45:32","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?post_type=glossary_term&p=50183"},"modified":"2026-09-21T17:21:54","modified_gmt":"2026-09-21T14:21:54","slug":"triple-net-lease","status":"publish","type":"glossary_term","link":"https:\/\/www.commercialcafe.com\/blog\/glossary\/triple-net-lease\/","title":{"rendered":"Triple Net Lease"},"content":{"rendered":"

A Triple Net (NNN) lease is a commercial lease structure in which the tenant is responsible for paying base rent plus the three major operating expenses: property taxes, building insurance, and maintenance costs. This arrangement shifts most of the property’s operating risk and expense variability from the landlord to the tenant.<\/p>\n

NNN leases are commonly used in retail, industrial, and single-tenant commercial properties. They are favored by investors for their predictable, passive income stream and minimal management responsibilities. The trade-off is that base rents in NNN leases are typically lower than in gross leases, where the landlord covers operating expenses.<\/p>\n","protected":false},"excerpt":{"rendered":"

A triple net (NNN) lease requires the tenant to pay base rent plus property taxes, insurance, and maintenance, shifting most operating risk to the tenant.<\/p>\n","protected":false},"template":"","glossary_category":[8648],"class_list":["post-50183","glossary_term","type-glossary_term","status-publish","hentry","glossary_category-transaction-listing","wpautop"],"acf":[],"yoast_head":"\nTriple Net Lease | CRE Glossary<\/title>\n<meta name=\"description\" content=\"How a triple net (NNN) lease works in commercial real estate: tenants cover taxes, insurance, and maintenance, giving investors predictable income.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialcafe.com\/blog\/glossary\/triple-net-lease\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Triple Net 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