What does a gross lease include?

In a true gross or full-service lease, the flat rent covers property taxes, building insurance, common area maintenance, and often utilities. The tenant pays one predictable amount and the landlord handles operating expenses.

Is a gross lease better than a triple net lease?

For budgeting, a gross lease is usually simpler because costs are bundled into one rate. A triple net lease quotes a lower base rent but adds taxes, insurance, and CAM separately, so the all-in cost is higher and less predictable.

Rated 4.8 on Google

Lease Types

Gross Lease

Also known as: full-service lease, full service gross lease

Definition

A gross lease (or full-service lease) is a commercial lease where the tenant pays a single flat rent and the landlord covers most operating costs, including property taxes, insurance, and maintenance. It is the simplest and most predictable lease structure for tenants.

A gross lease, also called a full-service lease, is the most tenant-friendly structure in commercial real estate. You pay one flat rent and the landlord absorbs the operating costs: taxes, insurance, and maintenance. There is nothing extra to reconcile at year-end.

Why gross leases are rare in industrial space

Most warehouse and industrial listings use a triple net (NNN) lease instead, which quotes a low base rent and bills taxes, insurance, and CAM on top. True gross leases are uncommon for small warehouse space, which is why all-in pricing stands out.

The all-inclusive advantage

WareSpace works like a gross lease, only built for small and growing businesses. One flat monthly rate covers your unit plus loading docks, HVAC, utilities, security, and shared amenities, on a short-term lease instead of a multi-year commitment. See exactly what’s included in our cost-to-rent guide, or book a tour.

Frequently asked questions

What does a gross lease include?: In a true gross or full-service lease, the flat rent covers property taxes, building insurance, common area maintenance, and often utilities. The tenant pays one predictable amount and the landlord handles operating expenses.
Is a gross lease better than a triple net lease?: For budgeting, a gross lease is usually simpler because costs are bundled into one rate. A triple net lease quotes a lower base rent but adds taxes, insurance, and CAM separately, so the all-in cost is higher and less predictable.

Last updated June 24, 2026