Dalip S.R. has it right...however I disagree with Jlent L, if negotiated properly a NNN lease can give a tenant more control over the building (if free standing and tenant controls building maintenance). Also, a good broker can add expense stops / caps on increases for controllable costs and carve out any expenses that are deemed commercially unreasonable (such as landlord breakfast, etc....). Tenants can request proper backup to dispute unreasonable pass-though expenses so long as the process is included in the lease.
Mar 23, 2015