Shyda H. is absolutely correct! If you are negotiating a lease for retail space especially, it is quite common that the lease type is a NNN or triple net lease. Whereby; the Nets are broken down into CAM, Real Estate Taxes, Property Insurance and Operating Expenses aka (CAM expenses). The figure you would pay as a tenant as part of your rent is generally broken down per square foot of space that you are leasing divisible by the total square footage of the shopping center.
Dec 18, 2015