Net triple lease 2025

See details

4.6 out of 5

48 votes

The document is a comprehensive lease agreement for a commercial building, outlining the terms and conditions between the lessor and lessee. It details the responsibilities of both parties regarding rent payments, maintenance, alterations, insurance, taxes, and other obligations associated with the leased premises. The lease is structured as a triple net lease, meaning the lessee is responsible for all operating expenses including property taxes, insurance, and maintenance costs. Additionally, it includes provisions for renewal options, default conditions, arbitration for disputes, and legal compliance.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out net triple lease with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the net triple lease document in the editor.
Begin by entering the Effective Date and the County & State where the property is located at the top of the form.
Fill in the Lessor's and Lessee's details, including Name, Address, and Zip Code. Ensure accuracy for legal purposes.
Provide information about the Leased Premises address and its legal description in the designated fields.
Detail any alterations to be made by both Lessor and Lessee. Use checkboxes to indicate if plans or specifications are attached.
In Section I, specify terms such as Consideration, Term of Lease, Rent details, and any applicable taxes or fees. Fill these out carefully as they define your financial obligations.
Review all sections thoroughly before saving your changes. Utilize our platform’s features to sign electronically if required.

Start filling out your net triple lease today for free using our platform!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the triple net lease?

In a triple net lease, the tenant is responsible for paying all of the necessary expenses related to the property, such as taxes, insurance, and maintenance. In a ground lease, the tenant is responsible for paying taxes and insurance, but the property owner usually pays for maintenance and utilities.

What is a triple net lease?

Lease Rate: $20.00 /SF NNN (Estimated NNN = $3.25/SF), meaning the base rental rate is $20.00 per square foot per year and the property expenses, which include property taxes and insurance, are estimated to be $3.25 per square foot per year, though they can fluctuate from year to year.

What is the downside of a triple net lease?

In a triple net lease (NNN lease), landlords transfer the financial responsibility for property taxes, insurance premiums, and maintenance expenses to tenants, who pay these costs in addition to the base rent.

Try more PDF tools