NNN लीज़ कैलकुलेटरसूत्र

## Understanding NNN (Triple Net) Leases

In a triple net lease, the tenant pays base rent plus their proportionate share of property taxes, insurance, and common area maintenance (CAM). This is the most common lease structure in commercial real estate.

### Components

- **Base Rent**: The fundamental lease payment, typically quoted per square foot per year
- **CAM (Common Area Maintenance)**: Landscaping, parking lot maintenance, common area utilities, cleaning, security
- **Property Tax**: Tenant's proportionate share of the property tax bill
- **Insurance**: Tenant's share of the building insurance premium

### NNN vs. Gross Lease

- **NNN**: Tenant pays base + all operating expenses separately (landlord risk is lower)
- **Modified Gross**: Tenant pays base rent with some expenses included
- **Full Gross**: One all-inclusive payment (landlord bears expense risk)

### Escalation Clauses

Most NNN leases include annual base rent escalations of 2-4% to keep pace with inflation. NNN charges adjust based on actual costs each year.

हल किया गया उदाहरण

3,000 sq ft office at $22/sq ft base rent, $6.50 CAM, $4.25 tax, $1.75 insurance, 5-year term with 3% annual escalation.

  1. Annual base rent: 3,000 x $22 = $66,000
  2. Annual CAM: 3,000 x $6.50 = $19,500
  3. Annual tax: 3,000 x $4.25 = $12,750
  4. Annual insurance: 3,000 x $1.75 = $5,250
  5. Total NNN charges: $19,500 + $12,750 + $5,250 = $37,500
  6. Year 1 total: $66,000 + $37,500 = $103,500
  7. Monthly total: $103,500 / 12 = $8,625
  8. All-in per sq ft: $22 + $6.50 + $4.25 + $1.75 = $34.50