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Updated about 5 years ago on . Most recent reply

Bill Horton's profile image
Bill Horton's profile image
Bill Horton
  • Real Estate Broker
  • from Canby, OR
  • Member since May 21, 2012
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Bill Horton's profile image
Bill Horton's profile image
Bill Horton
  • Real Estate Broker
  • from Canby, OR
  • Member since May 21, 2012
Connect
Bill Horton
  • Real Estate Broker
  • Canby, OR
37
Votes |
127
Posts
Commercial Real Estate Investing

Are NNN charges paid separate from base rent?

Bill Horton
  • Real Estate Broker
  • Canby, OR
Posted

Historically we have used modified gross leases for our office/retail building near Portland, Oregon. I'm working on changing so our leases for new tenants will be NNN. My question... When NNN tenants pay their lease payments, do they submit them separate for the base rent and the NNN? Or do you just record it separate on your accounting software?

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