Jackson Hole Commercial Real Estate

What is a triple net expense?

Commercial leases frequently call for the the tenant to pay “triple net” expenses in addition to the base rent. But what is a triple net expense? Triple net expenses (also written as NNN expenses) are building expenses that the landlord charges the tenant based on the tenant’s pro rata share of the building. The expenses […]

How to Calculate Jackson, WY Property Taxes

Wyoming has a well deserved reputation for low taxes, having no state personal or corporate income tax, and having a very low property tax rate. Here’s how to calculate property taxes in Jackson Hole (Teton county, Wyoming). Property taxes are calculated by multiplying the mill levy by the assessed value, and the assesed value is […]