Westar Properties - FAQs - Frequently Asked Questions

Q: How does triple-net work? What is covered?
A: All Westar leases are triple-net.

The Westar Industrial Lease Agreement is a Triple Net lease with annual CPI increases. The monthly rent has two parts:the base and the triple net.

Included in the triple net is the tenant's portion of the ground lease, taxes, insurance and grounds maintenance. Multi-tenant buildings have their portion of the water and septic/sewer included in the triple net.These triple net figures are adjusted March 1st of each year.
The base portion of the monthly rent is increased annually per the CPI (Consumer Price Index) at the tenant's anniversary.