Anchor Tenant

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Main tenant in a shopping center. It is often essential to have a lease commitment from an anchor tenant before a shopping center can be financed.

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The main tenant in a shopping center.


Example: Big Buy Foods is the anchor tenant in Figure 14. The anchor tenant, because it has drawing power to bring customers to the center, normally pays less rent per square foot than an ancillary tenant.
(Note: Large-scale centers may have more than one anchor tenant.)
 FIG. 14. ANCHOR TENANT
FIG. 14. ANCHOR TENANT

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