Property Management
Iowa commercial property operating expenses typically included in a triple net (NNN) lease paid by the tenant include:
AOnly utilities
BProperty taxes, building insurance, and maintenance/repairs✓ Correct
CCapital improvements and mortgage payments
DProperty management fees and reserves
Explanation
Under a triple net (NNN) lease, the tenant pays base rent plus three major operating expense categories: property taxes, building insurance, and maintenance (repairs). This shifts most operating expense risk from the landlord to the tenant.
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