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Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.

Your Trusted Katy / Fulshear & Houston Commercial Real Estate Brokerage

Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.

Looking to invest, buy, sell or lease? We can help.

View Properties

Looking to invest, buy, sell or lease? We can help.

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eXp Commercial - Viking Enterprise Team's real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the Katy- Houston area. Our knowledge, experience, and reputation sets us apart from many firms.

A commercial property owner might have various plans that would necessitate the services of a commercial real estate broker. Some of the common scenarios include:

1. Selling the Property: If the owner decides it’s time to sell the property, a commercial real estate broker can help determine the market value, market the property effectively, and negotiate with potential buyers to get the best possible price.

2. Leasing Space: For property owners looking to lease out part or all of their commercial space, a broker can help find suitable tenants, negotiate lease terms, and ensure the lease agreements meet all legal requirements and serve the owner’s best interests.

3. Acquiring More Properties: Owners looking to expand their portfolio would benefit from a broker's knowledge of the market, access to listings, and negotiation skills to secure additional properties at favorable terms.

4. Property Management: While not all brokers offer this service, some commercial real estate brokers or their affiliates offer property management services. This can be particularly appealing for owners who prefer a hands-off approach or are managing properties from a distance.

5. Market Analysis: Owners considering future developments, renovations, or rebranding of their property might engage a broker for a comprehensive market analysis. This helps in understanding current market trends, the demand for different types of spaces, and potential returns on investment for various strategies.

6. Refinancing: In situations where a property owner is looking to refinance their property, a commercial real estate broker can provide valuable insights into the property’s current market value, assist in gathering necessary documentation, and even help in finding the best financing options.

7. Partnership or Investment Opportunities: Owners interested in exploring partnerships, joint ventures, or seeking investors for expansion or development projects might use a broker to find and vet potential partners or investors.

8. Consulting on Zoning and Use Changes: When contemplating a change in the use of the property or dealing with zoning issues, a broker with experience in local regulations and the specific property type can provide guidance and strategic planning assistance.

9. Exit Strategy Planning: For owners looking to plan an exit strategy from their investment, whether it’s through a strategic sale or a gradual winding down of operations, brokers can provide market insights, timing advice, and valuation services to optimize the exit process.

In any of these scenarios, the expertise and services provided by a commercial real estate broker can save the property owner time and money, while also providing access to a wider network of potential buyers, tenants, and industry professionals. Give us a call today!

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🏠 NNN Lease Checklist: Protect Your Cash Flow Like a Pro! 💰

💼 Triple Net Lease Explained: What Every CRE Investor Should Include 🏢

Commercial Real Estate

November 06, 2025•3 min read

💼 Triple Net Lease Explained: What Every CRE Investor Should Include 🏢

🏠 NNN Lease Checklist: Protect Your Cash Flow Like a Pro! 💰

💼 What to Include in a Triple Net Lease: A Guide for Smart CRE Investors

In commercial real estate, Triple Net Leases (NNN) are a favorite among investors because they create predictable income and reduce landlord headaches. But not every NNN lease is created equal — the details make all the difference in protecting your cash flow and long-term returns.

Here’s what you need to know about what to include in your next triple net lease.

🧾 1. Define the Three Nets Clearly

A true Triple Net Lease requires tenants to pay for:

·Property Taxes

·Insurance

·Maintenance (CAM)

Make sure each cost category is clearly itemized in the lease. Specify who handles what — for example, HVAC repairs, roof maintenance, and parking lot upkeep. The clearer the language, the fewer disputes later.

🏗️ 2. Capital vs. Operating Expenses

Ambiguity here can be costly. The lease should define which expenses are capital improvements (owner’s responsibility) vs. operating expenses (tenant’s responsibility).
➡️ Example: Replacing a roof is capital. Fixing a leak is maintenance.

💰 3. Rent Escalations

Include an annual rent escalation clause — usually 2–3% per year or tied to CPI (Consumer Price Index). This ensures your income keeps pace with inflation and rising property costs.

📆 4. Term & Renewal Options

Triple net leases often run 5–20 years, so renewal options are crucial. Include terms that favor both stability and flexibility:

·Predefined renewal rents

·Notice period requirements

·Early termination penalties

🧱 5. Tenant Responsibility Clauses

Even if a tenant covers all “nets,” ensure the lease specifies who:

·Maintains HVAC and plumbing

·Covers pest control and landscaping

·Handles snow removal or parking lot lighting (if applicable)

This section reduces grey areas and potential legal disputes.

⚖️ 6. Indemnification & Liability

Always include indemnification clauses protecting the landlord from liability due to the tenant’s negligence or activities on-site. It’s your safeguard against lawsuits and accidents.

📜 7. Insurance Requirements

The lease should require tenants to maintain:

·General liability insurance

·Property insurance naming the landlord as an additional insured

·Proof of coverage annually

This protects your investment and aligns with lender requirements.

🕰️ 8. Default Remedies

In the event of non-payment or lease violations, your lease should spell out:

·Late payment fees

·Cure periods

·Landlord’s right to re-enter or terminate

Strong default language keeps your property performing and your rights protected.

🏦 9. Estoppel Certificates & Subordination

Include a clause requiring tenants to sign estoppel certificates when requested. Lenders and buyers rely on these to verify lease terms and cash flow accuracy.

🧠 Final Thoughts

A well-written Triple Net Lease does more than collect rent — it builds long-term value. When structured correctly, it shifts risk away from the landlord while preserving asset quality.

Whether you’re buying, selling, or leasing a NNN property, work with a commercial real estate advisor who understands how to balance income, expenses, and risk exposure.

At Viking Enterprise Team | eXp Commercial, we help investors structure leases that perform like well-oiled machines — predictable, protected, and profitable.

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Bill Rapp, CRE Broker

I am a Houston commercial broker, with residential experience, as well as a lending background. I have been in the real estate industry for 14 years and counting, and I have worked in many roles within the industry and each has given me a unique perspective of the industry as a whole. My dedication to clients is rooted in this industry knowledge, but also includes my desire to go the extra mile in networking to source off market opportunities for my clients. Me and my team at eXp Commercial have a cutting-edge technology package that gets the widest exposure for each transaction. eXp Commercial offers a nationwide network through which we can deliver the best exposure and professional advice to achieve our clients’ goals while also minimizing their risk. Clients appreciate my methodical method of discovery in our initial consultation. Through which we can get to know each other and their specific’s business’s needs and objectives on a granular level. Our processes help navigate each transaction and its potential pitfalls through to a successful outcome for our clients. It is my stated goal to provide our clients with extensive market analysis and expertise that fosters innovative solutions and rewarding commercial real estate opportunities.

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eXp Commercial - Viking Enterprise team real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the greater Katy & Houston MSA area. Our knowledge, experience, and reputation sets us apart from many firms.