034. What NNN, FSG, and MG Mean in Commercial Real Estate

Commercial leases can be confusing: What are triple net, full service gross, and modified gross leases? Today we’re talking about commercial lease structures and the differences between each one. Commercial real estate, like many other industries, is full of its own lingo. If you’re looking to lease commercial space, you’ve likely run across phrases such as “triple net” or “full-service” whenever a broker or landlord explains what type of lease they’re using. But what does that actually mean? And, maybe a better question, why are certain lease structures utilized instead of others? Let’s dive into what triple net (NNN), full-service gross (FSG), and modified gross (MG) mean and the differences between them.

Show notes:

www.tylercauble.com/podcast/episode034