Commercial Real Estate Terms

[katherineA]

I need to know what the term "net net net" means with regard to commercial real estate

 

[Ashley L]

net,net,net

I am a realestate broker and have sold and listed many commercial propertys and business propertys and I have never seen that before put that way.

net , is the amount of money left after all is paid
basically it's the profit of a business.
i would need to have more details about the transaction in order to relate this to something

 

[HomeGuru]

I need to know what the term "net net net" means with regard to commercial real estate

**A: the commercial lease term commonly used is called triple net or triple net lease.
This means that the tenant pays the contracted rent plus real property taxes, utilities, management, advertsing, insurance and other common area maintenance charges. Basically the tenant pays for everything and the landlord gets the rent net.
This is the best kind of lease rent for landlords.