Triple Net Lease Calculator
Calculate total tenant obligation including base rent plus property taxes, insurance, and CAM charges for NNN leases. Free and accurate.
How it works
Total Rent = Base Rent + Property Taxes + Insurance + CAM Charges. Triple net leases pass operating expenses to tenants in addition to base rent.
Example
$50,000 base rent + $8,000 taxes + $2,000 insurance + $5,000 CAM = $65,000 total.
FAQ
What is a triple net lease (NNN)?
A triple net lease requires tenants to pay base rent plus property taxes, insurance, and common area maintenance (CAM) charges. The landlord passes most operating expenses to the tenant.
What expenses are included in triple net leases?
Triple net leases typically include property taxes, building insurance, and common area maintenance (CAM) charges like landscaping, snow removal, and shared utilities.
How are NNN charges calculated?
NNN charges are usually calculated on a per square foot basis and estimated annually. Tenants may pay monthly based on estimates with annual reconciliation.
Who pays utilities in a triple net lease?
Tenants typically pay their own utilities directly, while shared utilities like common area lighting are included in CAM charges.
Are triple net leases better for landlords or tenants?
NNN leases favor landlords by providing predictable income and passing operating risks to tenants. Tenants get more control over property maintenance but assume expense risk.