What is the difference between psf net, double net and triple net with rental rates for commercial space?

This answer comes with a disclaimer... terminology for this changes from one market to the next (even from one landlord to the next). Therefore, if you get really interested in a property, get exact clarification on this from the landlord.





A net lease is typically one where the tenant is responsible for paying real estate taxes in addition to the base rent.





Double net space the tenant pays for taxes and insurance in addition to the rent (often other R%26amp;M items are also paid by the tenant, but these are specifically spelled out in the lease).





In a triple net lease, the tenant pays for everything - taxes, insurance, R%26amp;M... There may be responsibilities for the landlord (often structural repairs) but those would be specifically spelled out in the lease.