anchor tenant
Shopping center cornerstone
An anchor tenant is a major store or business that draws customers to a shopping center, mall, or commercial development.
Department stores and large retailers typically serve as anchors, with smaller shops clustered around them to benefit from the traffic: The mall lost its anchor tenant when Sears closed.
The term extends to any primary occupant that attracts others to a location.
Large multi-section retail establishment
- flagship storeBrand's primary retail location
- supermarketSelf-service food retailer
- hypermarketHuge retail combining departments
- megastoreEnormous retail establishment
chain store · superstore · furniture store · home improvement store · warehouse club · pharmacy chain · bookstore · outlet store
Pedestrian movement volume
- shopping centerRetail establishment cluster
- mallEnclosed shopping center
- retail parkCommercial area with multiple stores
- mixed-useCombining different functions
draw · customer flow · spillover effect · visibility · location · parking · accessibility · vacancy rate
Creating streams of income
- sales volumeAmount of merchandise sold
- stabilityResistance to displacement
- investmentDeploying capital for returns
- property valueMonetary worth of real estate
rental income · economic impact · job creation · market positioning · creditworthiness · financial guarantee · bankability · risk mitigation
Contract for temporary occupancy
- landlordProperty owner renting out
- commercial leaseAgreement to rent commercial property
- rental termsConditions governing tenancy agreements
- occupancyState of inhabiting space
square footage · lease negotiation · lease renewal · sublease · premises · lessee · lessor · property manager
department store
Large multi-section retail establishment
- flagship storeBrand's primary retail location
- supermarketSelf-service food retailer
- hypermarketHuge retail combining departments
megastore · chain store · superstore · furniture store · home improvement store · warehouse club · pharmacy chain · bookstore · outlet store · brand name
foot traffic
Pedestrian movement volume
- shopping centerRetail establishment cluster
- mallEnclosed shopping center
- retail parkCommercial area with multiple stores
mixed-use · draw · customer flow · spillover effect · visibility · location · parking · accessibility · vacancy rate · occupancy rate
revenue generation
Creating streams of income
- sales volumeAmount of merchandise sold
- stabilityResistance to displacement
- investmentDeploying capital for returns
property value · rental income · economic impact · job creation · market positioning · creditworthiness · financial guarantee · bankability · risk mitigation · viability
lease agreement
Contract for temporary occupancy
- landlordProperty owner renting out
- commercial leaseAgreement to rent commercial property
- rental termsConditions governing tenancy agreements
occupancy · square footage · lease negotiation · lease renewal · sublease · premises · lessee · lessor · property manager · lease term
- mallsshopping mall, mall, galleria, food court, mall directory
- occupantsoccupant, resident, dweller, inhabitant, occupier
- retail locationretail space, shopping center, mall, strip mall, outlet mall