What does "leasing at $/SF/Gross" mean? is NNN already in that figure?

What does "leasing at $/SF/Gross" mean? is NNN already in that figure?
In Leasing Property - Asked by Phyllis S. - Aug 6, 2013
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Answer(s)

John P.
Broker/Agent
Glen Burnie, MD

Yes, however increases to any one of or all of the NNN items MAY be passed-thru to the tenant(s).

Aug 7, 2013
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Mark S.
Broker/Agent
Brandon, FL

Gross rent means that the landlord is responsible for all operating expenses. The tenant writes one check to the landlord and the tenant's occupancy costs are paid for that month.
Net rent means that the tenant is responsible for all operating expenses. The tenant writes a check to the landlord for the base rent and also has to pay additional amounts for common area expenses (real estate taxes, insurance, maintenance, repairs, etc.), utilities, and management.
Depending on the geographic region, rents can be quoted at something between net and gross, "modified gross" for example. Also, in some cases "net" will require the tenant to pay for management fees and structural repairs while other times they will be the landlord's responsibility. It is best to ask about each expense category so you have no confusion.

Aug 7, 2013
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Commercial A.
Appraiser
Los Angeles, CA

Gross Lease - The Gross Commercial Lease
The commercial gross lease is sometimes also called a full service lease. The landlord generally agrees to pay all expenses in this type of lease, including taxes ...
realestate.about.com/od/commercialrealestat1/qt/gross_lease.htm
LabeledNewsEducationLAWPapers ...

Aug 16, 2013
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