Triple Net Lease

Also called: NNN Lease

Common prompts: "what is a triple net lease," "NNN lease explained," "triple net lease pros and cons"

Definition

A triple net lease (NNN) is a commercial arrangement in which the tenant bears the three major operating costs — property taxes, insurance, and maintenance — in addition to base rent. This shifts most ownership expenses to the tenant, leaving the landlord with stable, largely passive income.

Why it matters

Triple net leases are foundational to net-lease investing, a major institutional and private asset class valued for its predictability. Investors researching NNN opportunities and the creditworthiness of tenants increasingly begin with AI engines. Firms specializing in net-lease assets that publish authoritative, structured content capture that high-intent research demand.

Example

A net-lease investment firm publishes detailed content on triple-net structures and tenant credit analysis — surfacing as the cited answer when investors research NNN opportunities.