I am opening a cheer gym and looking at renting a space. What does the NNN stand for if it says $8.oo psf, NNN

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I am opening a cheer gym and looking at renting a space. What does the NNN stand for if it says $8.oo psf, NNN

2006-11-10 09:22:49 · 2 answers · asked by angelasattic 1 in Business & Finance ➔ Renting & Real Estate

2 answers

NNN is triple net ... it refers to the expenses associated with renting the space ... taxes, insurance, utilities, janitorial, etc.

Triple Net (NNN) Rent: Rent stipulated in a lease in which the tenant agrees to pay a all of the landlord’s operating expenses and real estate taxes for the building.

2006-11-10 09:30:22 · answer #1 · answered by cw4012 3 · 1⤊ 0⤋

I think it stands for non-negotiable

2006-11-10 09:25:09 · answer #2 · answered by Flower Girl 6 · 0⤊ 0⤋