gross lease

A **gross lease** is a type of commercial real estate lease where the tenant pays a fixed rent amount, and the landlord covers most or all of the property’s operating expenses, such as taxes, insurance, and maintenance. This lease structure simplifies budgeting for tenants by consolidating costs into a single rent payment. Gross leases are commonly used in office and retail spaces, offering predictable monthly expenses and reducing tenant responsibilities for property management. Understanding gross leases is essential for businesses looking to lease commercial property with straightforward and stable rental costs.