Download Triple Net (NNN) Commercial Lease Agreement Template

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Triple Net (NNN) Commercial Lease Agreement Template


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The Triple net (NNN) lease agreement is a type of commercial real estate contract is preferred by most landlords as the tenant pays not only a base amount of rent to the landlord but also any and all expenses and taxes incurred on the property.

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The expenses may include;

  • Any City, County, or State Real Estate Taxes
  • *Maintenance of the building (CAM’s) (*Landlord is usually responsible for the roof any major structural defects)
  • All Expenses including electricity, water, and sewer

The landlord is usually required to ‘fit-up’ the premises before this type of lease would take effect. Therefore, it is critical that the landlord make use of a rental application to ensure the entity is creditable. If the business has little to no assets or credit history, the landlord should have the tenant authorize a personal guarantee.

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