{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Percentage Lease Explained How Do Landlords Share in Retail Revenue","description":"Percentage Lease Explained: How Do Landlords Share in Retail Revenue? Enroll in courses here: https:\/\/www.albertarealestateschool.com\/shop\/ or call our Success Team at : 587-936-7779 What is a percentage lease in commercial real estate? A percentage lease is commonly used in retail properties, shopping centres, and plazas. Under this type of lease, the tenant typically pays: \u2714\ufe0f Base Rent \u2714\ufe0f Operating Costs (where applicable) \u2714\ufe0f Additional Percentage Rent once sales exceed a specified breakpoint Here\u2019s the basic idea: Shopping centres and plazas often invest in marketing and promotions that drive customer traffic to retailers. For example, a large mall marketing campaign can attract more shoppers, helping retailers increase sales. Because the landlord contributes to creating that business traffic, the lease may allow the landlord to receive a percentage of the tenant\u2019s revenue above a certain sales threshold (breakpoint). For example, a tenant might pay base rent plus an additional 2%\u20133% of sales above the agreed breakpoint. That additional amount is paid to the landlord, which is why it\u2019s called a percentage lease. Understanding commercial lease structures is key for commercial real estate education and exam preparation. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments. \ud83d\udcaf We train tomorrow's top Real Estate Agents and Mortgage Associates in Alberta! \ud83d\udd25 \ud83d\udcbb: www.albertarealestateschool.com &amp;nbsp; #AlbertaRealEstate #AlbertaRealEstateSchool #PercentageLease #CommercialRealEstate #RetailLease #CommercialLeasing #RealEstateEducation #RECA #CommercialProperty #RealEstateExamPrep #AlbertaRealtor #RealEstateShorts #PropertyManagement ","author_name":"Alberta Real Estate Tutor","author_url":"http:\/\/albertarealestateschool.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/42326940\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/42326940"}