Gross and net leases differ mainly in how operating expenses are handled in commercial properties. In a gross lease, the tenant pays a fixed rent while the landlord covers most or all property expenses, such as taxes, insurance, and maintenance—making costs predictable for tenants. In a net lease, the tenant pays base rent plus some or all of these additional expenses. Variants include single net (taxes), double net (taxes and insurance), and triple net (taxes, insurance, and maintenance). Net leases often have lower base rent but higher variable costs, shifting more financial responsibility and risk to the tenant compared to gross leases.
To know more: https://www.commercialproperty2sell.com.au/blog/2026/03/gross-vs-net-leases-in-commercial-properties-.php
