10 stocks under 10 billion - TCI Rewind
The Canadian Investor
00:00
Triple Net Leases
A triple net lease is really, when there's a the tenant is just responsible for pretty much almost all the like, the maintenance and so on. Usually if you rent your house or an apartment to some one, you know, utilities might be included, they might not. Who has a triple net leased or the tenant is responsible for structure, maintenance, property taxes, insurance premium. So it's really, it lowers the risk on the, on the owner's part. But their stock as performed quite well in capital appreciation as well.
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