There is no general cost for NNN. Will vary from property to property, city to city, state to state and be affected by the type of property, age, condition, location, etc. NNN - Taxes, Maintenance and Insurance. You are paying a proportionate share of the total costs of the NNN based on a % of the whole for the space you lease vs. the SF of the total property. The insurance you are paying for is general property insurance - that is part of the NNN. The other insurance you are paying for is covering your own lease space / liability, etc. and that is absolutely correct. I see NNN vary here in DFW from $2 to $8 per SF per year, divided by 12 for monthly payments and subject to being adjusted - up or down - each year after all expenses have been trued up.
Dec 2, 2016