A net lease is a type of commercial real estate lease where the tenant agrees to pay not only the rent but also some or all of the property expenses. These expenses can include property taxes, insurance, and maintenance costs. This arrangement benefits landlords by providing a more predictable income stream and reducing their financial responsibilities. There are different types of net leases, including single net lease, double net lease, and triple net lease. In a triple net lease, the tenant covers all operating expenses, making it the most favorable for landlords. This leasing structure is common in properties like retail spaces and office buildings.