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Triple Net Lease

Draft Triple Net Leases in Minutes, Not Hours

12 minutes with CaseMark

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Triple Net Lease

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Workflow

Triple Net Lease

Overview

CaseMark's Triple Net Lease skill drafts comprehensive NNN commercial lease agreements that precisely allocate taxes, insurance, and maintenance responsibilities to the tenant. The AI assembles transaction-ready documents complete with rent schedules, expense allocation provisions, maintenance matrices, insurance requirements, and a full exhibits package — all derived from your term sheet and property documents.

Drafting triple net commercial leases is one of the most detail-intensive tasks in commercial real estate law. Attorneys must meticulously allocate expense obligations, build escalation schedules, coordinate insurance requirements, and ensure jurisdictional compliance — often spending hours assembling provisions from prior precedent and manually cross-referencing term sheet details.

CaseMark transforms NNN lease drafting by analyzing your term sheet, property documents, and party information to generate a complete, transaction-ready lease agreement. The AI handles expense allocation, rent scheduling, default provisions, and exhibit assembly, allowing attorneys to focus on negotiation strategy rather than document assembly.

How it works

  1. 1. Upload your term sheet, LOI, and property documents

  2. 2. AI analyzes deal terms and generates a complete NNN lease with all required provisions

  3. 3. Review and customize expense allocations, rent schedules, and default provisions

  4. 4. Export the finalized lease and exhibits in your preferred format (DOCX, PDF)

What you get

  • Deal Intake Summary Table

  • Complete NNN Lease Agreement

  • Rent Schedule with Escalation Provisions

  • NNN Expense Allocation Clauses

  • Maintenance Responsibility Matrix

  • Insurance Coverage Schedule

  • Default and Cure Provisions

  • Exhibits Package (Site Plan, Work Letter, Estoppel, SNDA)

  • Pre-Execution Compliance Checklist

What it handles

  • Complete NNN expense allocation for taxes, insurance, and maintenance

  • Automated rent escalation schedules with CPI, fixed, and FMV options

  • Comprehensive default and cure provisions tailored by jurisdiction

  • Maintenance matrix and insurance schedule generation

  • Pre-execution checklist and exhibit assembly

  • Multi-tenant and single-tenant CAM structure support

Required documents

  • Term Sheet or Letter of Intent

    The agreed-upon deal terms including rent, term, concessions, and NNN expense structure

    .pdf, .docx

  • Property Documents

    Title report, survey, site plan, legal description, and APN for the leased premises

    .pdf, .docx, .jpg, .png

  • Party Formation Documents

    Entity formation documents, authorized signatory information, and legal names for landlord and tenant

    .pdf, .docx

Supporting documents

  • Existing CC&Rs or REA

    Covenants, conditions, and restrictions or reciprocal easement agreements affecting the property

    .pdf, .docx

  • Lender Requirements

    Lender-specific lease requirements, SNDA forms, or subordination terms

    .pdf, .docx

  • Insurance Specifications

    Required coverage types, limits, carrier rating requirements, and additional insured designations

    .pdf, .docx

  • Prior Lease Precedent

    Previous lease forms or templates preferred by the landlord or tenant for reference

    .pdf, .docx

Why teams use it

Reduce NNN lease drafting time from days to minutes with AI-powered document assembly

Ensure precise expense allocation with automated maintenance matrices and insurance schedules

Minimize revision cycles with comprehensive deal intake analysis that flags gaps before drafting

Generate complete exhibits packages including SNDA forms, estoppel certificates, and work letters

Questions

What type of triple net lease does CaseMark generate?

CaseMark drafts transaction-ready U.S. triple net (NNN) commercial lease agreements that allocate taxes, insurance, and maintenance obligations to the tenant. The output includes all standard provisions, exhibits, and schedules needed for execution.

Can the lease handle both single-tenant and multi-tenant properties?

Yes. CaseMark supports both single-tenant and multi-tenant NNN lease structures, including appropriate CAM allocation methodologies, pro-rata share calculations, and common area expense provisions for each scenario.

How does CaseMark handle rent escalation provisions?

CaseMark generates rent escalation clauses supporting fixed percentage increases, CPI-indexed adjustments, and fair market value resets. The AI builds a complete rent schedule based on the terms specified in your LOI or term sheet.

Does the lease include SNDA and subordination provisions?

Yes. CaseMark includes subordination, non-disturbance, and attornment (SNDA) provisions and can incorporate lender-specific requirements. SNDA forms are generated as part of the exhibits package.

Can I customize the default and cure periods for my jurisdiction?

Absolutely. CaseMark tailors notice periods, cure windows, and remedy provisions based on jurisdictional requirements. You can review and adjust all default provisions before finalizing the document.

What exhibits are included with the lease?

CaseMark generates a complete exhibits package including the site plan, rules and regulations, tenant work letter, estoppel certificate form, and SNDA form. Additional exhibits can be added during the review stage.

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