Percentage leases involve paying landlords a portion of tenant profits, commonly in retail. These leases include base rent and excess income shared after a set break-even point. Negotiating a high ...
Pandemic retail leases expanded on a growing contractual trend of favoring gross percentage of sale rent terms against fixed-market rent structures, as the Wall Street Journal explained (paywall).
A principal challenge inherent in long-term ground leases is that they are contracts to be performed over an extended period. Ground lease terms can be as long as 99 years or even longer, and the ...
Landlords and tenants negotiate several types of leases on commercial property. The three most common are gross, percentage and triple net leases. The triple net lease is the opposite of the gross ...