What is NNN in Commercial Real Estate?
A triple net lease, often called an NNN lease, is a commercial lease where the tenant pays:
- Base rent
- CAM
- Property Taxes
- Insurance
If you do not account for all of it, you are underestimating your true lease cost.
Calculate Your Total Triple Net Lease Cost (NNN)
Enter your base rent, NNN cost, and square footage to calculate your monthly and annual lease cost.
Base Rent
$11
NNN
$5.75
Square Footage
5,000
Annual Rent
$83,750.00
Monthly Rent
$6,979.17
Calculate Your Total Triple Net Lease Cost (NNN)
Enter your base rent, NNN cost, and square footage to calculate your monthly and annual lease cost.
Frequently Asked Questions About NNN Leases
Is NNN the same as CAM (Common Area Maintenance)?
No. CAM is one component of NNN. NNN includes CAM, property taxes, and insurance.
Can NNN costs change?
What is the difference between a gross lease and an NNN lease?
A gross lease includes most operating expenses in the rent, while an NNN lease separates those costs, making the tenant responsible for additional expenses. You can read more about the difference here.
Why is NNN important when comparing spaces?
NNN is important because it impacts the total cost of a space. Two spaces with the same base rent can have different overall costs depending on the NNN expenses included in the lease. It helps tenants understand their true monthly cost, including taxes, insurance, and maintenance, so they can make accurate budget comparisons between properties.
Need Help Calculating Your NNN Lease Cost?
Understand your full occupancy cost with guidance from a commercial tenant broker who helps you analyze lease economics, compare options, and avoid unexpected expenses.
PRIVACY NOTICE
Warehouse Hotline LLC is a trusted provider of industrial real estate services. We are committed to protecting the personal information you share with us.
The personal information we collect is primarily used to respond to your inquiries and provide the services you request.
We take appropriate measures to keep your information secure and retain it only for as long as necessary for legitimate business or legal purposes. Once no longer needed, we ensure it is deleted safely and securely. For more details on how we handle your personal data, please review our privacy policy.