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Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property
Investors can benefit from NNN lease properties in a variety of ways. In NNN leases, tenants take on the responsibility of major expenses, such as HVAC and roof repairs, keeping the operation cost lower for the landlord. Typically, NNN leases have lower rent per square foot rates which increases the tenant pool when a landlord is ready to lease ...
NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida .
A California limited liability company called "Alosta NNN" this week acquired the 5.7-acre property at 2620 N. Main St., which includes a former shopping center building being redeveloped for a ...
Home Depot only called out one department as having positive comps, which was plumbing. The home improvement retailer's overall sales edged up by 0.6% to $43.2 billion. Adjusted earnings per share ...
In US parlance, a lease where all three of these expenses are paid by the tenant is known as a triple net lease, NNN Lease, or triple-N for short and sometimes written NNN. The term "net lease" is distinguished from the term "gross lease". In a net lease, the property owner receives the rent "net" after the expenses that are to be passed ...
The California native, who identifies as an “anti-squatter activist, squatter hunter, squatter remover,” says he just does whatever he has to help people get squatters out of their homes.
This type of surface has a variety of other names including tar-seal [1] or tarseal, [2] tar and chip, sprayed seal [3] surface dressing, [4] or simply seal. [ 5 ] In Australia as well as New Zealand, chipseal roads are common, including usage on major highways.