Property Management
In Ohio, a 'triple net' (NNN) lease in commercial property management means the tenant pays:
ABase rent only
BBase rent plus property taxes, building insurance, and maintenance expenses✓ Correct
CBase rent plus utilities only
DA percentage of gross sales instead of fixed rent
Explanation
In a triple-net (NNN) lease, the tenant pays base rent plus the three 'nets': property taxes, building insurance, and maintenance/operating expenses, making tenant costs variable and more predictable for the landlord.
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