is it normal for LL to charge NNN on basement space that is not occupy-able?

I heard that you cannot include basement space when calculating a tenants monthly NNN. Please advise
In Leasing Property - Asked by Tracy s. - Nov 14, 2015
Report Abuse
Answer this Question


Dennis G.
Pasco, WA

No, The NNN charges are on gross lease-able area. This would exclude space that is not is not occupy-able.

Nov 15, 2015
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question