Which term best describes a lease where the tenant pays rent as well as property taxes?

The best term to describe a lease where the tenant pays rent as well as property taxes is a double net lease. In a double net lease, the tenant is responsible for not only the base rent but also two additional costs: property taxes and insurance. This type of lease shifts some of the financial responsibility for property expenses from the landlord to the tenant while still providing the landlord with a relatively predictable income stream.

On the other hand, a net lease generally refers to any lease where some additional costs are passed on to the tenant, but it does not specify which costs. A gross lease entails that the landlord covers all property expenses, including taxes and insurance, making it less common in scenarios where tenants are expected to manage those costs. A triple net lease takes this further by requiring the tenant to cover property taxes, insurance, and maintenance expenses, which means the tenant bears even more financial responsibility compared to a double net lease. Thus, the definition of a double net lease aligns precisely with the scenario described in the question.