New Space Variables
Once you
have narrowed down the search to a few prime location candidates, there are specific
variables that should be considered.
This section of the retailcriteria.com's website, was included to share
a list of variables that most national tenants consider when selecting a
specific space.
No single shopping center
or free-standing location has all the qualities of a “perfect location”. By using the list provided below, you should
be able to prioritize the available locations you’re considering.
The bullet points should
be self-explanatory but in the event you have a question, please contact us.
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Visibility of Space |
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Accessibility of space |
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Store Size |
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Store Frontage |
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Sign Band Visibility |
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Store Depth |
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Column Placement |
 |
Base Rent |
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Pro Rata Charges |
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Percentage Rent/Breakpoint |
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Length of Term of Lease |
 |
Tenant Options to Extend Lease |
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Option Notification Deadline |
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Rent Start Date |
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Free Rent Period |
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Tenant Construction Time |
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Landlord Improvements to Space |
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Tenant Allowance |
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Custom Utility Capacity Needed
|
 |
Space Available Timeline |
 |
Current Tenant Vacates Timeline |
 |
Landlord Penalty for Turnover Delay |
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Cotenancy Clause |
 |
Exclusive for Center |
 |
Relocation Clause Deleted |
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Relocation Clause Customized |
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Use Clause Versatile Enough for Lease Term |
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Landlord Restrictions on Use Clause |
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Hours of Operations |
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Landlord Mandated Advertising Deleted |
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Landlord Radius Restriction Deleted |
 |
Sales Performance Clause |