Capture Gross Sales from All Tenants That Fill Specific Space

August 15, 2018
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Gross sales clauses can be very lucrative for owners because they aren’t limited to collecting just base rent—the percentage of sales a tenant must hand over could potentially be more than its actual rent. But a problem crops up for you when other tenants use the named tenant’s space. You might not be able to collect a percentage of their sales—unless you’ve specified in the lease that you have the ability to do so.

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