Using our example above, say the commercial real estate agent tells you the nnn charges/expenses are $6.00 per square foot, per year.

Real estate acronym nnn. Then to find out your total monthly rent,. The real estate industry is full of acronyms that can leave you surprised. This means that the rent is $30 per square foot per year plus the nnn.

There is a major amount of vocabulary involved in the everyday dealings, discussions with real estate. A nnn lease or triple net lease is one of the most common lease structures in commercial real estate. In real estate, “nnn” is an abbreviation for the phrase “triple net lease.”.

Understanding triple net leases (nnn) in commercial real estate, a net lease is a lease in which the tenant is required to pay a portion, or all, of the taxes, fees, and maintenance. “nnn” is an acronym for the term “triple net lease,” which is used in the real estate industry. 3 meanings of nnn abbreviation related to real.

As an underlying commercial lease structure, the triple net lease has a condition. First, it’s not an acronym. At its core, a triple net lease is a type of commercial lease structure that contains a provision saying that the lessee is.

The estimated operating expenses (aka nnn) are $10 per square foot per year. A nnn lease is when the tenant typically pays a base rent plus an additional amount for property tax, insurance and maintenance costs. What is nnn meaning in accounting?

1 meaning of nnn abbreviation related to accounting: Home loan, mortgage, personal finance. Whether you are looking at abbreviations or acronyms for real estate terms, be sure you clearly understand what they mean when referring to a specific piece of real.