Tripe Net (NNN) Rent Explained
What is triple net rent or N-N-N? Triple net rent, or N-N-N rent, is a type of commercial lease agreement where the tenant is responsible for paying all the operating expenses of the property in addition to the Base Rent. The operating expenses include property taxes, insurance premiums, and maintenance fees. This means that the tenant is responsible for all the costs associated with the property’s operation and upkeep, and the landlord is only responsible for the structural components of the building. Triple net rent agreements are commonly used in commercial real estate leasing situations where landlords want to pass the property’s expenses on to tenants without having to manage those expenses themselves.
The New Standard For Lease Protection You Need To Know
Learn why commercial landlords, tenants, and brokers nationwide are embracing Otso in every lease deal.
2021 REDNews Austin Summit Recap - Retail Expert DeLea Becker
"Everyone in this room right now should feel extremely lucky working in this city"
On June 23rd, DeLea Becker spoke alongside fellow Commercial Real Estate Experts at the REDNews 2021 Summit Retail panel about opportunities and trends of the Austin Market.
Why East Austin? Ask DeLea Becker…
Since the very first building DeLea Becker purchased and renovated, she has been honed in on the East Side.
Beck-Reit Welcomes New Broker, Tania Lingor CCIM!
Beck-Reit Commercial is pleased to announce Tania Lingor as the newest addition to our commercial real estate brokerage team.
Primo Cesar Chavez Retail/Office Property Nearly Complete and Available
Jan Buchholz of ATX Real Estate News writes an update on 1201 E Cesar Chavez’s construction, as well as some history of the project. Click to read further.
DeLea Becker Wins NAR National Commercial Award
Real estate broker and multiple business owner recognized for service-- DeLea Becker receives NAR National Commercial Award!
V Bruce Evans, CCIM on CodeNEXT
At a recent ZAP Meeting, commissioner Bruce Evans of Beck-Reit Commercial said, "No city nowhere needs 1,500 pages to tell them how to develop a damn lot." Bruce has been vocal and committed to CODENEXT.
Growing Brokerage Business to Keep a Competitive Edge
Growing Commercial Real Estate Company: To stay competitive, we've made ourselves lean; expanding our brokerage in select and specialized areas to make sure we are the very best at what we do.