Welcome to my channel and in today’s video, I am going to answer the question "How To Calculate NNN?".

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Each week, I answer questions asked by our viewers on topics pertaining to commercial real estate. If you're interested in having your question answered, feel free to email me.
▶️ raphael@grisantigroup.com
▶ With the subject line of "Weekly CRE Question"

In this video, I highlight how to properly calculate NNN charges.

NNN charges are usually advertised as a price per square foot and it constitutes your pro-rata share of property taxes, insurance, and general maintenance on the property.

Once you have that number, you multiply it by your rentable SF to get an annual charge for NNN expenses.

As an example, let's imagine you're looking to rent a 2,000 SF space with net charges of $3 PSF.

The calculation would be as follows:

2,000 SF * $3 PSF = $6,000 in yearly NNN charges

$6,000/ 12 months = $500 per month in NNN charges

If you're interested in buying, leasing, or selling commercial real estate, I'd be happy to help! I look forward to helping you reach your real estate goals!

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▶️ If you're interested in leasing, buying, and/or selling commercial property in the Louisville metro area, I would love to help!
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