{
  "url": "https://classa.info/glossary/modified-gross-lease",
  "title": "Modified gross lease",
  "description": "The dominant US lease structure — base rent includes operating expenses up to a base year.",
  "oneSentenceAnswer": "The dominant US lease structure — base rent includes operating expenses up to a base year.",
  "tldr": [
    "The dominant US lease structure — base rent includes operating expenses up to a base year.",
    "Under a modified-gross structure, the tenant pays a fixed base rent that includes operating expenses calculated for a base year (typically the first full calendar year of the lease)."
  ],
  "keyFacts": {
    "category": "Lease structure",
    "regionScope": "US"
  },
  "pageType": "glossary",
  "lastUpdated": "2026-04-01T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/glossary/modified-gross-lease), updated 2026-04-01T00:00:00.000Z."
}