Strip shopping center leasing stratagies
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Why Buy an Unanchored Retail Strip?
15 Tips to Negotiate a Favorable Retail Lease - Vend Retail Blog
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Strip Malls: The Least Glamorous Segment In Retail Is Among The Sector's Strongest Performers
As a result, these centers present a prime opportunity for CCIMs to lend their expertise. The tenant takes the space in an as-is physical condition, and has an option to renew at the end of the initial term for fair market rentals. Mixed Use Neighborhood Center. The lease is for the entire building, and gives the tenant three five year options beyond the original term at fair market rentals.
Kircher The lease also contains a variety of operating covenants for the tenant. A simple formula for calculating breakpoint is to divide the rent by the breakpoint i. Our firm's Retail Division works closely with local and national clients including developers, users, tenants, landlords, and owners in the lease and sale of retail properties.