Commercial Lease (NNN) - Bradford Publishing: Fill out & sign online

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Click ‘Get Form’ to open the Commercial Lease (NNN) in the editor.
Begin by filling in the date at the top of the form. This is crucial as it marks the official start of your lease agreement.
In the 'Parties' section, enter the names and types of entities for both Landlord and Tenant. Ensure accuracy to avoid future disputes.
Next, describe the Premises being leased, including its address and square footage. This information is vital for clarity on what is being rented.
Fill in the Term of the lease, specifying start and end dates. This defines how long you will occupy the space.
Detail the Rent amount and payment schedule. Be sure to include any additional costs that may apply, such as utilities or maintenance fees.
Review all sections carefully before signing. Utilize our platform's features to highlight important terms or add notes for clarity.

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How does NNN lease work?

Triple net leased properties are a popular investment vehicle for investors seeking steady income with relatively low risk. Triple net lease investments typically include a portfolio of three or more high-grade commercial properties fully leased by a single tenant with existing in-place cash flow.

What is the downside of a triple net lease?

If you own a property, a NNN lease is a great way to reduce risk and variability in your cash flow. If you rent a property, a NNN lease puts that risk on you, but also might give you more control over when and how repairs and maintenance is done.

What are the disadvantages of a triple net lease?

Commercial spaces may be advertised as $12/psf NNN meaning $12 per square foot is the base rent and the NNN expenses will be in addition to that. CAM, or common area maintenance, is one of the three NNN Expenses that commercial tenants pay for as additional rent.

What does NNN mean on a commercial lease?

What expenses does the landlord pay for in a triple net lease? Landlords favor triple net commercial leases because this lease structure allows them to pass along expenses for property taxes, building insurance, and CAM to the buildings tenants. The landlord will typically pay for utilities and debt service.