Generally speaking, there are two types of leases — gross and net. With a gross lease, a tenant pays a flat fee for use of the property, and the landlord is responsible for any operating expenses.
You’ve seen the podcasts and the YouTube videos constantly touting triple net leases as the “passive” way to invest in ...
A modified gross lease is less inclusive. It includes the rent as well as a negotiated portion of the operating expenses, which is determined by the landlord. A triple net lease, often abbreviated ...
You might see various other types of leases, such as double net, modified gross, or a gross lease. The primary difference between these different types of leases is who pays for property-level ...