Percentage Rent

Rent payable under a percentage lease.
Typically the percentage applies to sales in excess of a preestablished base amount of the dollar sales volume.
Percentage rents in a shopping center vary typically from less than 1% for a supermarket to more than 7% for a jewelry store. Apparel stores and gift shops typically pay from 3 to 6% of sales.

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Rent payable under a percentage lease.
Typically the percentage applies to sales in excess of a pre-established base amount of the dollar sales volume.


Examples: Typical percentage rents in a neighborhood shopping center are shown in Table 37.

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