Finance

Triple Net Lease

A lease structure where the tenant pays base rent plus property taxes, insurance, and maintenance costs (the three 'nets'), common in restaurant real estate.

Related Terms

Occupancy Costs

Total real estate expenses including rent, property taxes, insurance, and common area maintenance (CAM) charges. Typically 6-10% of sales in QSR.

Food-Service Payrolls Rebound in the First August Jobs Estimate

The September 4 release estimated 59,000 additional food-service jobs. Original release tables also show how July’s decline changed in revision.

Industry Analysis

July Food-Service and Lodging Hires Nearly Matched Departures

July accommodation and food-service hires nearly matched separations. The September JOLTS release shows why stable headcount can still require substantial recruiting.