Updated almost 6 years ago on .
Triple Net Lease pros & cons
I’m interested in launching a start-up business in my community. At this time, I don’t really like any of the commercial real estate that is for sale in my area so I’ve looked into leasing options.
It appears that most landlords are moving to triple-net leases. From my research, I can’t find many advantages in favor of the tenant. Rent is subject to change if neighboring tenants move out. There are no property tax benefits for the tenant. Rent could increase if any damage occurs at the property, even if it’s not your unit.
Are there other angles that I’m missing?