Jan
29

In a Commercial storefront lease, what exactly does $21 NNN a square foot?

By admin
commercial lease

I know that the price is a square foot and you divide that by 12 to get monthly price. My question is: does that $21 NNN mean that the NNN is included in the price, or is it usually plus the $21?

Repossession

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Categories : commercial lease

1 Comments

1

It means you pay the property tax, insurance and maintenance on top of the $21 per sq foot.