I write about commercial real estate negotiations ... These provisions, when piled on in the same lease, virtually assure rent will rise faster than inflation and market rents for new leases.
It is entitled to the rent as a matter of contract ... Piquancy had signed a 10-year commercial lease with Centurion so that it could operate a fast-food restaurant in Surrey.
When a tenant pays a triple net lease, they typically pay with one check that is broken into two parts — the base rent portion and the NNN portion, according to Janover Commercial Real Estate Loans.