CalculateRealEstateROI

Commercial Real Estate

NNN (Triple-Net) Lease

Lease structure where tenant pays property taxes, insurance, and maintenance in addition to rent.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Plain-English explanation

Landlord receives net rent — Walmart, Walgreens, Dollar General-style assets.

Examples

  • $1.5M Dollar General NNN at 6.5% cap, 15-year corporate lease.

Common mistakes

  • Buying short remaining lease term without re-tenanting plan.

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