Single net lease
Explore how we can help businesses with their commercial lease requirements.
Contact our teamA single net lease is a form of pass-through lease, offering a straightforward arrangement in commercial property leasing, where tenants pay the base rent along with one additional cost—typically property taxes.
This type of lease is less complex than its double or triple net counterparts, making it a simpler option for tenants while still relieving landlords of certain expenses. It provides a middle ground that benefits both parties: tenants gain greater transparency in their obligations, and landlords can share part of the financial burden without handing over complete responsibility.
At Moore Barlow, we understand the importance of structuring these agreements carefully to ensure that both landlords and tenants are fully aware of their roles and responsibilities.
What makes a single net lease unique?
A single net lease shifts one primary expense—usually property taxes—from the landlord to the tenant. The tenant pays rent and also contributes to the taxes levied on the property, while the landlord continues to manage and cover other key expenses such as insurance and maintenance. This lease type is often preferred in smaller commercial settings or by businesses looking for a simple, clear financial structure without the complexities of taking on numerous property costs.
This arrangement provides a balanced solution for tenants who may want some level of involvement in the property’s expenses without being responsible for insurance or structural repairs. Landlords, meanwhile, enjoy some financial relief while maintaining greater control over the upkeep and overall management of the property.
Richard Hughes
Partner | Commercial Property, Real Estate, Real Estate Finance
How Moore Barlow can guide you through a single net lease
Moore Barlow’s team of commercial property experts is here to ensure your single net lease agreement is clear, balanced, and legally sound. We take the time to thoroughly understand your needs, whether you are a tenant or a landlord, to ensure the lease works in your favour.
For tenants, we ensure that all tax obligations are clearly defined so that there are no surprises down the line. For landlords, we work to ensure the tenant’s obligations are enforceable and properly integrated into the lease, while also preserving your ability to maintain control over other aspects of property management. The goal is to protect both parties’ interests while making sure the lease is practical, transparent, and easy to manage.
Why choose Moore Barlow for your single net lease needs?
At Moore Barlow, we pride ourselves on offering practical, expert advice that is tailored to each client’s unique circumstances. Our deep understanding of commercial property law ensures that we can craft or review single net leases that protect your interests and support your business objectives. We focus on clarity, ensuring that all obligations—whether tax-related or operational—are explicitly outlined. This reduces the risk of disputes and ensures both parties are entering into a fair, well-structured agreement.
Our approach is built around understanding your needs and providing a lease that suits your particular situation, whether you’re a landlord looking to share property costs or a tenant seeking a straightforward and manageable leasing option.
Who we work with
Our team assists a wide range of clients involved in commercial property leasing, from smaller businesses looking for retail or office space to landlords managing multiple properties. We specialise in helping both sides of the leasing arrangement, whether you’re a landlord looking to ease the financial pressure or a tenant aiming for clear and simple obligations. Our expertise ensures that your single net lease is tailored to your needs and designed for long-term success.
Let’s talk about your lease
If you’re exploring the idea of a single net lease or need assistance with an existing agreement, Moore Barlow is here to help. Our commercial property lawyers have extensive experience in crafting and reviewing leases that are fair, straightforward, and designed to protect your interests. Contact us today to discuss your leasing needs and let us provide the legal support necessary to create a lease that works for you, both now and in the future.
Contact our commercial property team
Meet our team of commercial property solicitors
Jo Farr
Partner | Commercial Property, Real Estate, Land Development, Real Estate Finance
Richard Hughes
Partner | Commercial Property, Real Estate, Real Estate Finance
Julian Parkes
Partner | Commercial Property, Real Estate, Landed Estates and Farming
Callum Leary
Partner | Commercial Property, Real Estate, Real Estate Finance
Nellie van der Lande
Senior Associate | Commercial Property, Real Estate Finance, Rural Services
Sam Ho
Senior Associate | Commercial Property, Real Estate, Real Estate Finance
Sharon Mays
Senior Associate | Commercial Property, Real Estate, Land Development, Real Estate Finance
Nicola Donnelly
Associate | Real Estate, Plot Sales, Residential Property
Fiona Hampton
Chartered Legal Executive | Commercial Property, Land Development, Plot Sales
Helen Archibald
Consultant | Commercial Property, Real Estate, Land Development
Janice Taylor
Conveyancing Executive | Real Estate, Plot Sales, Residential Property
