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Guide
What NNN Means in Practice
Taxes, insurance and maintenance.
Short answer
In a classic triple-net lease, the tenant pays real estate taxes, insurance and maintenance in addition to base rent. Actual leases vary—read yours.
In detail
Some leave roof and structure to the landlord. Others are absolute NNN. The difference shows up when something breaks.
This site does not publish invented cap rates or fabricated listings.
Checklist
- Zoning and permitted uses
- Rent roll, leases and expense history
- Access, parking and visibility
- Environmental and survey reports
Local context
West Palm Beach, Boca Raton, Riviera Beach
Related guides
Questions, answered
FAQ
Is NNN truly passive?
Closer than a multi-tenant building, but only if the lease and tenant credit support it. Read the document.
NNN vs. NN vs. modified gross?
They shift different expense buckets. Compare total economics, not the label.
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