The impact of the economy should not have any different effect on a NNN owner versus one who employs a gross lease.
With a gross lease you are building the cost of taxes insurance and maintenance into the "base" lease rate and passing through any increases to a tenant.
At the end of the day its semantics.
I have heard of some landlords who will provide a true gross lease and not pass through any increases, but it is silly to absorb that risk. Think of insurance rates after 911.
Mar 4, 2009