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When considering leasing commercial space, one popular option is the triple net lease, which offers benefits and drawbacks for landlords. Key advantages include minimal landlord responsibilities, as tenants cover common area maintenance, property taxes, and building insurance—referred to as the "three nets." This arrangement allows landlords to manage properties from anywhere, reducing their involvement in expenses and maintenance. Additionally, triple net leases often attract long-term tenants, ensuring stability and consistent rental income for landlords. However, it's important for landlords to understand the potential downsides before proceeding with this type of lease.
