Double Net Lease

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Dictionary Says

Definition of 'Double Net Lease'

An agreement in which the tenant is responsible for both property taxes and premiums for insuring the building. Unlike a single net lease, which only requires the tenant to pay property taxes, a double net lease passes more expenses along in the form of insurance payments. The landlord is still held responsible for structural maintenance expenses. Each month, the landlord receives the base rent plus the additional payments. Double net leases are most commonly found in commercial real estate.
Investopedia Says

Investopedia explains 'Double Net Lease'

For commercial properties with multiple tenants, such as a shopping mall, taxes and insurance fees may be assigned to the individual tenants on a proportional basis. Even if property taxes and building insurance premiums are considered the responsibility of the tenant, owners of commercial property should have property taxes passed through themselves in order to ensure that they are aware of payment issues.
Search results for

'Double Net Lease'

  • Business Plan: Your Organizational And Operating Plan ...

    http://www.investopedia.com/university/business-plan/business-plan6.asp
    ... Lenders will also want to know if your lease is net, double net, or triple net -
    in other words, is it you or the landlord who will be responsible for property ...

  • Noble Energy Loves The Niobrara

    http://stocks.investopedia.com/stock-analysis/2011/Noble-Energy-Loves-The-Niobrara-NBL-EOG-APC-CRZO-REXX1122.aspx
    ... Julesburg Basin Noble Energy has a total of 840,000 net acres under lease, in the ...
    is successful here, production from the basin would double, and reach ...

  • PDC Energy Looking To Grow In 2011

    http://stocks.investopedia.com/stock-analysis/2011/PDC-Energy-Looking-To-Grow-In-2011-PDC0321.aspx
    ... Annual production from the Permian Basin should double by the end of 2011, to
    approximately 75,000 BOE ... The company has 56,100 net acres under lease in the ...

  • Quicksilver Resources In 2011

    http://stocks.investopedia.com/stock-analysis/2011/Quicksilver-Resources-In-2011-KWK0304.aspx
    ... Resources expects to grow production by 20% in 2011, more than double the 9 ... Barnett
    Shale Quicksilver Resources has 163,000 net acres under lease in the ...

  • Denbury Resources Loves The Bakken

    http://stocks.investopedia.com/stock-analysis/2011/Denbury-Resources-Loves-The-Bakken-DNR-CHK-NOG-WLL1128.aspx
    ... The company expects double-digit production growth here in 2012. ... Bakken Summary Denbury
    Resources has approximately 266,000 net acres under lease that is ...

  • Exxon Mobil Works Its North American Assets

    http://stocks.investopedia.com/stock-analysis/2011/Exxon-Mobil-Works-North-American-Assets-XOM0314.aspx
    ... Exxon Mobil has 550,000 net acres under lease and also ... where the company has leased
    120,000 net acres. ... Exxon Mobil estimates that it can double production from ...

  • WPX Energy - Marcellus Shale Review

    http://stocks.investopedia.com/stock-analysis/2012/WPX-Energy---Marcellus-Shale-Review-WPX-RRC-SWN-UPL0110.aspx
    ... net acres and plans to operate four rigs here in 2012, double the current level ... In
    Westmoreland County, WPX Energy has 22,000 net acres under lease and is ...

  • Cimarex Energy Reports Solid Growth In Q2

    http://stocks.investopedia.com/stock-analysis/2010/Cimarex-Energy-Reports-Solid-Growth-In-Q2-XEC0826.aspx
    ... Cimarex Energy has almost 100,000 net acres under lease in the ... development program
    planned in 2010 with 100 net wells planned ... Double-Digit Production Growth. ...

  • Williams Companies' Energy Business Growing Quickly

    http://stocks.investopedia.com/stock-analysis/2010/Williams-Companies-Energy-Business-Growing-Quickly-WMB-XOM-BBG-REXX0526.aspx
    ... Shale Williams Companies has 34,000 net acres in ... where the company has 5,000 acres
    under lease. ... activity will increase production by double-digit percentages ...

  • Noble Energy Increases Growth Targets

    http://stocks.investopedia.com/stock-analysis/2011/Noble-Energy-Increases-Growth-Targets-NBL-WLL-CNX-COG-RRC1121.aspx
    ... with the goal of increasing production and reserves at double-digit compound ... Denver
    Julesburg Basin Noble Energy has 840,000 net acres under lease in the ...

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