2,000 sf x $8 per sf = $16,000 per year or $1,333 per month.

Sf nnn meaning. If the lease rate for this same facility were to be converted to a gross lease rate such would be calculated as follows: If the property has a higher. The nnn, net net net, that you see on your lease agreement stands for ‘triple net rent’.

Nnn stands for the three “nets” in the lease: This means that in addition to the $14 sf yearly rate the tenant is also responsible for paying the nnn (taxes, insurance, and maintenance fees). A triple net (nnn) lease is defined as a lease structure where the tenant is responsible for paying all operating expenses associated with a property.

$.80psf + nnn expenses (the applicable monthly portion of property. The phrase emerges every year as the annual internet trend reappears. Nnn is an abbreviation for triple net rent.

Nnn is an acronym that stands for ‘no nut november’. $35,000 per year or $2,917 per month. In these leases, tenants are responsible for paying their.

What is no nut november? So now you know what $/sf/year means and understand the basics. Nnn is often referred to as a “triple net lease” as nnn means net, net, net.

Commercial real estate rent of this sort is structured such that you pay the amount specified plus extra expenditures (often operating. Rather than being a gross lease where everything is included in the rate, a net lease is missing. Then to find out your total monthly rent,.