Triple Net Lease Contract Review Lawyer

Understanding Contract Review With a Business-Minded Approach

How do we do a better job at reviewing contracts?

We understand business better than most other lawyers. Our tax background helps us in understanding tax implications ranging from:

Out-of-state transactions
Property leases
Employee benefits

…to name a few.

Why Would This Be Important?

If you are:

Purchasing an existing business
Getting a new job
Simply needing to understand your contract

…we help you see the bigger picture.

One of our favorite clients was about to sign a 5-year lease on a commercial property.
He was floored at the price that he was getting – very cheap compared to surrounding properties.
However, he was unaware of the workings of a triple-net lease.

When he was told that a triple-net lease was a fancy way of saying that he would be liable for all of the taxes (amongst other things), he quickly realized that his fixed rent was not as fixed as he thought.

But How Much is Property Tax? Does it Go Up?

We pulled all of the documents from the Assessor’s office to determine:

How much he would pay before the build-out
How much he would pay after the build-out

His rent nearly went up 70% as a result of the taxes alone.
We haven’t even gotten to the clause about common area maintenance.

Long-Term Client Success

Our client has been with us ever since, and we’ve proudly been part of a business that has grown:

From one small location
To four locations
With approximately 25 employees